Get A Quote Contact Us Home Page
  • Home
  • Get A Quote
    • AutomobileImage of right arrow
      • Auto Insurance Quote
      • Auto Quote Form (short)
    • Farm
    • Flood
    • Health
    • Homeowners
    • LifeImage of right arrow
      • Life Insurance Quote
      • Term Life Insurance Quote
    • Motorcycle
    • Other
  • Customer Service
    • Online Account Access
    • AutomobileImage of right arrow
      • Request ID Card for Auto Policy
      • Request Declaration and Coverages Page for Auto Policy
      • Add Vehicle to Existing Auto Policy
      • Remove Vehicle from Existing Auto Policy
    • Business & CommercialImage of right arrow
      • Request ID Card for Commercial Auto Policy
      • Request General Liability Certificate of Insurance
    • Other
  • Blog
  • Resources
    • Secure File Area
    • Refer a Friend
    • Important Links
    • Insurance Glossary
    • Frequently Asked Questions
  • About Us
    • About Clark Insurance Group
    • Our Locations
    • Employee Directory
    • Privacy Policy
  • Contact
    • Contact Us
    • Join Our Newsletter
Home > Blog > Protect your service business from errors and omissions
MONDAY, MARCH 21, 2016

Protect your service business from errors and omissions

hospitality-errors-omissions
Errors and omissions coverage can protect your hospitality business.

Services errors and omissions coverage is an important part of your insurance portfolio if you’re in the hospitality business.

From small conferences and banquets to elaborate weddings, event hosting is big business. Most hotels, golf and country clubs, banquet centers and restaurants with meeting spaces and ballrooms host events on a weekly, and often daily, basis. Events can be significant revenue drivers for your business.

While the success of these events is important to your venue, it is even more important to your customer. Failure to provide the necessary facilities, goods or services could be detrimental to the outcome of the event, putting your business at financial risk and leaving you subject to lawsuits.

You typically think of insuring against fire, water damage, theft or injury to other parties due to your negligence. But what about an employee error that results in the failure to properly execute an event hosted at your facility? Even the best event planners and coordinators make mistakes from time to time. Consider these possible scenarios:

  • Your events manager inadvertently double-books the hotel ballroom for weddings occurring on the same date
  • Your catering manager fails to order the appropriate amount or type of food provisions for a corporate banquet
  • A third-party vendor responsible for delivering tents, tables and chairs for an outdoor event at your premises fails to deliver on the correct date

Services errors and omissions insurance coverage provides peace of mind should these situations arise.

Consider this important coverage to round out your insurance protection. By insuring your business against covered human errors associated with providing facilities, goods or services, you can greatly reduce the financial impact to your business when they occur.

Coverages described here are in the most general terms and are subject to actual policy conditions and exclusions. For actual coverage wording, conditions and exclusions, refer to the policy or a Clark Insurance Group Agent.

Posted 9:49 AM

Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

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
  • 2020
  • 2017
  • 2016
  • 2015


View Mobile Version
 
  • Cincinnati
  • Pekin
  • Indiana Farmers
  • Progressive
  • Auto Owners
  • Frankenmuth
  • Encompass
 
Social Media
HELPFUL LINKS: Home About Us Get A Quote Blog Contact Us Honest – Knowledge – Integrity.
© Copyright Clark Insurance Group. All rights reserved. Powered by Insurance Website Builder
Automobile Insurance Homeowners Insurance Business Insurance Life & Health Insurance
Find Us on Facebook Follow Us on Twitter Connect With Us On LinkedIn RSS