Errors and Omissions insurance protects companies and individuals against loss (damages and defense costs) resulting from acts, errors or omissions in their performance of professional duties. Common claims allege negligence, misrepresentation, design errors, violation of good faith and fair dealing and inaccurate advice.
Errors and Omissions insurance, also known as professional liability insurance, helps protect your assets where your general liability policy does not. Often, general liability policies do not cover specific exposures that could lead to devastating judgments. Errors and Omissions protects against claims of negligence or mistakes that cause financial harm to another person or company, and covers both the obligation to pay damages along with the cost to defend. If your company provides professional services directly to individuals or other companies then you need Professional Liability insurance.
Why choose CNA?
- With over 100 years insuring businesses of all kinds, CNA has the expertise and financial strength to stand behind every one of our over one million policyholders.
- Dedicated E&O claims representatives are available 24/7 and are dedicated to handling your claims quickly and fairly.
- We offer a large portfolio of risk control resources that help you better understand and mitigate your exposure.
|Companies of all kinds can get E&O coverage from CNA:|
- Architects, Engineers, Contractors
- Real Estate Agents
- Technology companies
- Other service providers or manufacturers
Professionals who work in occupations that depend upon accuracy can be vulnerable to lawsuits. CNA Surety offers Errors & Omissions coverage for notaries public and tax preparers that provides protection from the consequences of mistakes made in the performance of their duties.
Notary Public Errors & Omissions. Notary Public bonds protect the public, but not the professionals who provide those services. Notary Public E&O coverage helps safeguard these professionals against costly and time-consuming lawsuits arising from innocent mistakes.
Tax Preparers Errors & Omissions. Tax Preparers’ E&O insurance covers losses due to mistakes made in preparation of client tax returns, including incorrect or incomplete form preparation and calculation errors.
All bond applications must be submitted through an independent insurance agent appointed by CNA Surety.
If you are a licensed independent insurance agent, contact us at 1-800-331-6053 or firstname.lastname@example.org for more information on E&O coverage for notaries public and tax preparers.
To learn more about Errors and Omissions from CNA, contact your independent agent
or your local CNA branch.