Errors and omissions (E&O) coverage is professional liability insurance that would cover the cost of settling a claim of negligence or malpractice. Certain carriers require their appointed agents to carry $1M of E&O coverage. We recommend waiting until you add a carrier that requires E&O before purchasing it.

Carriers that require E&O coverage include:

 

There are various providers, but we recommend CalSurance (their annual rates are the most solid we’ve found).