Monday, December 30, 2013

TIPS60 - On Errors & Omissions Insurance

Here is another of our videos offering tips and inisights into the business of photography. a transcript of the video is included after the jump.

(Continued after the Jump)

TRANSCRIPT:Here are a few thoughts on E and O insurance. I'm John Harrington. E and O insurance, or errors and omissions insurance is a really valuable insurance offering that extends the benefits of your general liability insurance to cover claims by a client of neglect or inadequate services. It will pay for your attorney costs any settlement costs it's really a nominal amount of money in addition to your general liability insurance and is well worth it. Look in to various E and O riders that might be available from your insurance provider to have that extra amount of coverage. I would strongly encourage you to consider errors and omissions insurance because, if someone suggests to you, ""Well, Oh, you didn't do a good job"" or didn't do a good enough job, you didn't turn up, any variety of things that could go wrong errors and omissions insurance will cover you. It's worth looking into.

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