Who needs E & O insurance?
You need errors and omissions insurance if you’re in the business of providing a service to clients for a fee. At Nationwide, we cover printers and building-trades contractors, such as electricians, plumbers, HVAC installers and sheet metal workers. Errors and omissions insurance policies usually cover the business owner, both salaried and hourly employees, and subcontractors working on behalf of the business. Errors and omissions insurance is typically customized to meet specific needs of a business or industry. For example, a printer has different risks than an electrician does in a standard business day. Both have the need for liability insurance, yet each needs a completely different type of coverage.
