Get A QuoteContact UsHome Page

It is common for businesses that provide professional advice to carry E&O (Errors and Omissions) insurance.  But, what about the rest of us?  Protecting your business from a lawsuit is more complex than just having liability coverage.  Good business practices can help prevent messy, expensive litigation.  By thinking defensively you can provide yourself and your employees with guidelines that help prevent mistakes from becoming lawsuits.  E&O insurance providers require clients to create and follow a company standard in order to mitigate or prevent loss. 

Here are just a few 'good business practices' that can prevent claims in any line of business:

* Maintain a defensive, PROFESSIONAL attitude
* Always request a 2nd opinion and have a witness present
* Prepare for possible court cases (reserves, coverage, and professional advice)
* Carefully store files and telephone logs, maintain ex-employees contact information


Posted 11:53 AM  View Comments

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
   
Social Media
HELPFUL LINKS: Home About Us Get A Quote Blog Contact Us Cornerstone Insurance Agency. Your firm foundation for Home, Family & Business.
© Copyright Cornerstone Insurance. All rights reserved. Powered by Insurance Website Builder
Automobile Insurance Homeowners Insurance Life Insurance Renters Insurance
Find Us on Facebook Follow Us on Twitter Connect With Us On LinkedIn RSS