General Liability vs Errors & Omissions - Summing Up the Difference (GL vs E&O)

E&O Liability is designed to insure professional services rendered for a fee involving alleged economic damages, unrelated to bodily injury or property damage to a third party.

If the business owner’s primary services rendered concern is bodily injury or property damage resulting from exposures, they would look for a broad form General Liability policy form designed to cover their specific exposures.

When reviewing a potential clients business exposures,  it is important to look at all types of services performed and determine whether it is a GL or E&O exposure.  So many companies are diversifying and it can be challenging to determine what their true exposure is.  Ask the question, what do you see as your greatest exposures that you would like to insure for?

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Learn More About CID:

CID Insurance Programs is an E&S Wholesaler specializing in commercial insurance products designed for independent and captive insurance brokers’ business client’s needs.

Our wholesale business insurance products encompass a broad range of preferred to manageable hard-to-place risks. CID Insurance has developed strong relationships with both admitted and non-admitted markets. Our commitment is to make the quote and bind process fast and easy for our retail insurance brokers.