“The information provided in this website is for illustration purposes only. Only the insurance policy itself contains complete coverage information. For premium quotes, specific coverage options, products and services, please contact us.”

Does anyone make mistakes in Business on purpose?  Probably not.  Are mistakes made in Business? Probably daily!  As a result, it is wise to have at least a rudimentary understanding of what Errors & Omissions Insurance (E & O) is all about, and access to an Independent Insurance Agent who knows all of the “ins and outs” of E & O Insurance.

“The protection that E & O Insurance offers,” Jim Bivona of Bivona Insurance Group, LLC, an Independent Insurance Agency that serves the Phoenix Metro area regarding Insurance including Phoenix, Scottsdale, Glendale, and Peoria, Arizona to name just a few, shared, “is for a company’s owner, employees, and even sub-contractors.  As every Business has different needs, the policy you purchase should be specific to the Business you are in.”

Bivona went on to share that one of the more important aspects of an E & O Policy is its “Retroactive Clause,” which states how far back the policy offers coverage.

“As strange as it may seem on the surface,” Bivona offered with a tad of incredulity in his voice, “E & O Insurance is important and valuable to you even if it is proven that there was no wrong doing on your part.”

This, Bivona explained, is due to the fact that the E & O Policy helps to cover legal fees and other related expenses, which, if absorbed by a company itself, can put more than a little financial burden on a company.

Understanding Errors & Omissions Insurance is an important aspect of Business Knowledge. As a result, you should contact Jim Bivona at 623-256-1000 with any questions, and he will be happy to discuss this concept with you in greater detail, and suggest some ways you may be able to improve your Business Coverage.


To learn more about the BIVONA INSURANCE GROUP, LLC go to

(To learn more about this issue, check out “ERRORS & OMISSIONS INS.”)