Mistakes happen: a misspelled name on an international airline ticket, a date misunderstanding on a non-refundable villa booking, or a client trip cancellation dispute. That is why Errors & Omissions (E&O) insurance is non-negotiable.
1. What Does Travel E&O Insurance Cover?
E&O insurance shields your agency from financial liability arising from negligence, booking errors, supplier insolvency disputes, and failure to advise clients on travel documentation or visa rules.
2. How Much Does Travel Agent E&O Cost?
A standard $1,000,000 liability policy from providers like Berkshire Hathaway, Aon, or 360 Coverage typically costs between $350 and $700 annually for an independent home-based agency.