OHIO – WHAT YOU NEED TO
KNOW ABOUT COMMERCIAL LIABILITY INSURANCE
The following are additional general
liability coverages that are often available.
PROFESSIONAL LIABILITY (E&O)
E&O covers professionals for negligence and errors or omissions that injure their clients. In addition
to covering licensed professionals such as accountants, attorneys, insurance agents, architect and
engineers, technology companies frequently have a professional liability exposure. This typically
arises from the fact that the general liability policy excludes damage to data. Technology E&O can
protect your company in the event that your negligence, error, or omission causes damage to a third
party’s data. We recommend that all professional and technology companies have E&O coverage.
EMPLOYMENT PRACTICES LIABILITY INSURANCE (EPLI)
Employment Practices Liability Insurance for employers that covers employment-related liabilities
other than on the job injuries. EPLI will cover legal fees and damages for suits such as wrongful
termination, discrimination, sexual harassment, and other alleged violations of employees’ legal
rights. Although only three percent of Employment Practices lawsuits go in favor of the plaintiff, the
average cost to defend yourself in one of these is well over $200,000. If you have employees, we
recommend considering this coverage.