Thomas Jefferson, May 1786, Maritime Insurance Premiums (Photo credit: Wikipedia)
E & O Insurance For Independent Insurance Agents
Historically 1 in 7 agents will file an EO claim during their career. In fact, insurance agents rank fourth among professions in legal claims filed against them. Only physicians, attorneys and accountants have more. (Tillinghast Survey)
There are certain precautions you should take regarding your livelihood Your profession as an insurance agent has a lot to do with the care you render your customers. When carrying out your obligations as an agent, you may commit an error or mistake. Your customers may decide to seek justice in court. If you’re not properly protected by EO insurance coverage, you may end up bearing the full cost of the litigation process.
You can protect yourself with insurance agents EO insurance. This is a professional liability insurance instrument designed to protect insurance agents from whatever errors, mistakes or omission they may commit in the course of day to day business.
Errors and omissions insurance for property and casualty insurance agents is professional liability EO insurance designed to handle the risk exposure of P&C agents and brokers.
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Errors and Omissions 