Importance of Travel E&O Insurance for Travel Industry Professionals
Travel industry professionals, such as travel agents, travel agencies, and tour operators, have an increasing need to protect themselves against the economic impact of accusations of alleged errors and omissions. Besides the increase in frivolous litigation initiated by consumers seeking to make money off your business’s errors, whether real or perceived, travel industry professionals also have to remain compliant with local, state, federal, and international regulations. All of these factors can take their toll on your bottom line.