Professionals and business owners can also obtain Errors and Omissions Insurance coverage in other ways, if necessary. For example, some small businesses may choose to buy insurance through a group plan offered by a professional association or other organization. Businesses that have very limited Errors and Omissions risk exposure may be able to add a rider to a commercial general liability insurance policy offering a limited amount of coverage that could be adequate for their needs. While some of these options may be cheaper or easier for some professionals, they may not provide enough insurance for certain businesses, or be tailored enough to fit the needs of a specific professional practice the way an independent policy or a comprehensive professional liability insurance plan can be. Any business owner or professional should carefully assess all of his options before choosing Errors and Omissions Insurance.
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