Owners of small business enterprises who want to protect themselves and their business from the financial costs of frivolous lawsuits can do so by taking out an errors and omissions or E & O insurance. This type of insurance also protects other professionals such as architects, engineers, real estate agents and brokers and their...

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E & O Insurance, or errors and omissions insurance, is an important part of certain types of businesses and private practices. What it essentially covers is mistakes and errors that could or have caused harm (either financial or physical) to any third party involved with your business. It is more specific than general liability...

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