Remove Cash Flow Remove Claims Remove Concrete Remove Discrimination
article thumbnail

Errors and Omissions (E&O) Insurance Explained for Construction?

Levelset

Errors and omissions (E&O) insurance covers contractors against financial loss resulting from mistakes, errors, or claims of negligence. While general liability insurance covers against claims related to injury or property damage, errors and omissions insurance protects from lawsuits related to financial loss.

article thumbnail

Professional Liability Insurance Explained

Levelset

Professional liability insurance protects against claims related to professional negligence. With a proper insurance strategy, businesses will be able to stay cash flow positive even after incidents involving financial losses, injuries, or property damage. What is professional liability insurance?