Type of Coverage:

Errors & Omissions Coverage from GMG Insurance Laguna

Legal action over services rendered and the high risk of claims are two issues every professional firm should keep in mind. Allegations are made every day against firms that an error or omission in the work performed caused a client to suffer a financial loss. Without an errors and omissions insurance (E&O) policy, you will face that claim alone. If there are injuries or expensive property damage involved, you could end up paying a substantial sum. What’s more, there are legal bills involved in these claims that can run high.

Insurance to Protect You

An E&O liability insurance policy from GMG Insurance Laguna can protect your company and your practitioners from devastating expenses from litigation, settlements and damage awards. If you want legal defense bills covered completely, talk to us about “first-dollar” coverage. You also may be able to get legal fees covered outside of your total limits of liability, which leaves your full limits of insurance available to cover settlements or awards.

Errors and omissions insurance is available to professionals in many sectors, including law firms, accounting firms, medical practices, healthcare providers, dental groups, technology firms, and veterinarians, among others. It covers mistakes made on forms, miscommunications, faulty designs, bad advice, and negligence, to name a few risks.

Flexible Options

In some cases, professionals want to insure their activities that occurred prior to implementing a new insurance policy. That is possible under “prior acts coverage,” which can also be written to cover the actions or professionals in firms you are acquiring while they were operating independently of your company.

For professionals who are nearing retirement or are otherwise ending their operations, we offer policies with an extended reporting period so that claims arising after you close down shop aren’t left uninsured. The terms of those reporting periods vary.

Part of managing your company’s assets and protecting your professionals’ personal assets is carrying comprehensive and responsive E&O insurance. An insurance portfolio and business operations review from GMG Insurance Laguna will help you find the right coverage and establish and maintain excellent risk management for the health of your firm.

One small mistake can leave you open to expensive claims.

Turn to GMG Insurance Laguna for knowledge, attention and reliability regarding your business insurance needs. Contact us (949) 715-7981 or email at