Understanding Errors and Omissions (Malpractice) Lawsuits: What Small Business Owners Need to Know

Errors and omissions (E&O) lawsuits, also known as professional liability or malpractice lawsuits, are a common concern for small business owners. These types of lawsuits arise when a professional or business is accused of making a mistake or failing to provide a service that causes harm to a client or customer. Understanding the causes of E&O claims, the importance of having an errors and omissions policy and the steps to take if you are served with a complaint can help small business owners protect themselves from financial and legal repercussions.

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