Which error would be covered under the errors and omission section of the B and M policy?

The errors and omissions section of a Business and Management (B and M) policy is designed to cover mistakes made during the professional duties of an insured, especially those related to the management and handling of property. An error in the way property was described or documented clearly fits this definition, as it directly relates to the professional's responsibility to provide accurate information concerning the property they manage or supervise.

When a property is incorrectly described or documented, it may lead to misconceptions about its value, condition, or legal status, which could result in financial loss for clients or stakeholders. The insurance policy can provide coverage for liability that arises from such inaccuracies, as these are considered professional errors related to the insured's performance of their tasks.

In contrast, other options reflect issues more aligned with negligence or improper actions that may not qualify as errors or omissions related to professional services. For example, incorrect valuation of property is linked to judgment errors rather than documentation accuracy. Failure to secure the premises properly and neglect in maintenance of the property pertain to the physical management of the property, which typically falls outside the realm of errors and omissions, emphasizing a lack of care or attention rather than a professional oversight in documentation.