The number one job of any contractor is to keep working and bringing in revenue. Insurance policies keep contractors functioning when bad things happen. Self-employed contractors who work alone and pay close attention to all details of their job do not feel the need to buy e&o insurance. They know what they are doing, they know how to do it and they do it right, so why do they need to take their valuable time to find a policy and pay the insurance premium when the money can be used to buy another tool? Life happens! Unforeseen events occur, papers are lost or not delivered, messages are sent to the wrong person or phone number, e-mail fails. This specialized insurance policy protects against mistakes and is a warranty plan designed to keep contractors, even self-employed contractors, on the job making money when something goes wrong.
