I undersatnd that E&O might not be a requirement, but what is the guarantee worth if a client has a $10,000 loss and you refund the search fee of $50.00?

If they sue, you may be in some serious trouble. I highly recommend the E&O, just in case. I spend about $4,700/year on my E&O. I have never had a claim, but I still think it is money well spent. I sleep better at night.

I think it is also worth it from a marketing standpoint. If your client has a choice between you and someone who is covered by an E&O policy, I'm sure they would feel more comfortable with the other person. I'm not saying that you don't do great work, but anyone can miss something.

Just my $0.02.
Robert A. Franco

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