Errors and omissions insurance protects against liability for what?

Errors and omissions insurance protects against liability for what?

• A. Intentional wrongdoing
• B. Unintentional error or omission when performing professional duties
• C. Property damage
• D. Auto accidents

Answer: (B)

Errors and omissions insurance protects professionals from liability arising when they make a mistake or miss something in the course of delivering professional services. It covers claims of negligence stemming from unintentional errors or omissions while performing duties, and it also covers the costs of defending those claims and any settlements or judgments. It does not cover intentional wrongdoing, nor does it cover property damage or auto accidents, which are handled by other types of coverage such as general liability, property, or auto policies. So, the best answer is that it protects against liability for unintentional error or omission when performing professional duties.

Errors and omissions insurance protects professionals from liability arising when they make a mistake or miss something in the course of delivering professional services. It covers claims of negligence stemming from unintentional errors or omissions while performing duties, and it also covers the costs of defending those claims and any settlements or judgments. It does not cover intentional wrongdoing, nor does it cover property damage or auto accidents, which are handled by other types of coverage such as general liability, property, or auto policies. So, the best answer is that it protects against liability for unintentional error or omission when performing professional duties.