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Why You Need an E&O Policy

The importance of E&O insurance cannot be overstated. Without it, you could be personally liable for significant financial losses stemming from legal actions. For instance, a client might claim that you failed to properly advise them on coverage options, leading to uncovered losses. In such cases, E&O insurance provides a safety net, covering legal fees and potential damages. This protection is crucial for maintaining your professional reputation and financial stability.