EO Insurance New Jersey

Key Things to Look for in EO Insurance in New Jersey

You hope not to need it, but proper EO insurance is essential for any business. When shopping for the right policy there are several factors that you should consider. Below are a few of the key things that you should look for when securing EO insurance in New Jersey.

Who All is Covered

Different insurers offer various insurance terms and have set stipulations about who is covered. For instance, most insurers will extend coverage for contractors with a company, but there are some that do not. It is important that you are aware of these factors when picking your policy.

Legal Representation

You should note whether or not a lawyer is included in the plan you are considering. Some plans offer this feature while others do not. You should also check if the EO policy includes a “right and duty” clause (the insurer will defend all cases against you) or a “right to defend” (the insurer has more leeway on what cases to defend).


There is a common saying that you get what you pay for. It is important that you understand the different factors that could affect your rates, such as previous claims, and do your due diligence in shopping around and choosing the best policy for your needs and budget.

There are more things to consider, however knowing these key things can help you to make a sound decision when selecting your EO insurance in New Jersey.



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