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EO For Insurance Agents And Brokers
Find information on E&O insurance for insurance agent/brokers who provide Property and Casualty protection. Get informed on E&O insurance and the insurance profession.
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Errors And Omissions For Los Angeles Insurance Agents
Mistakes and errors may happen during your work as a P&C insurance agent. It can occur as a breach or negligence of a contract agreement. When an error occurs, a claim may be initiated against your agency.
If you’re adequately covered by error and omission insurance for insurance agents, you’re protected from bearing the complete expenses of attorneys for the litigation that may be leveled against you and your agency as a result of the error or mistake that happened or is alleged.
Historically one out of seven insurance brokers will file an Errors and Omissions claim at some point in their career. Currently insurance agents rank fourth among professions for lawsuits initiated against them. Only physicians, attorneys and accountants have more. (Tillinghast Survey)
Insurance agents provide essential services to customers through consulting them to locate and purchase complete protection. Many insurance brokers, however, rarely realize the exposure that is involved with property and casualty insurance sales. Guidance that you suggest for policies, either to obtain or bypass, could return as a liability if a client claims that you were faulty in your advice. Clients facing a major problem with an insurance policy, or lack of coverage, could file a legal action against you, threatening your business, income and possessions.
There are certain precautions you should take regarding your livelihood. In the first place, your profession as an insurance agency has a lot to do with the care you render your customers. When carrying out your obligations as an agent broker, you may commit or be accused of an omission. Your customers may decide to seek justice in court.
If you’re not properly protected by an insurance coverage, you could wind up bearing the complete expenses of the defense. You should protect yourself with insurance agents E & O insurance. This is a professional liability insurance instrument created to cover insurance agents from whatever errors, mistakes or omission that may be alleged or committed in the course of day to day business.
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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.
Insurance Quote La Crescenta CA
No obligation quote on all your California insurance coverage needs from insurance broker Daniel Fraisse. As an independent California insurance broker we are not contracted to a single insurance provider and will shop multiple companies for the insurance coverage that fits your needs.
Find the coverage you need at the right price. Ask if you can save even more by packaging all your insurance policies.
Call 818-451-9975 or submit an online insurance quote request.
Business Home Life Auto Health and Commercial Insurance
Daniel Fraisse Insurance
3857 Foothill Boulevard,
La Crescenta-Montrose, CA 91214
(818) 541-9975 http://fraisseinsurance.com
Represented Insurance Carriers: Mercury Insurance, Travelers Insurance, The Hartford, Safeco Insurance, Fidelity, Chubb, First American Specialty Insurance, Foremost Insurance, Progressive Insurance, Drive Insurance, Kemper Insurance, HCC Surety, GMAC Auto Insurance, Infinity Insurance, Aetna Insurance, Anthem Blue Cross, Blue Shield, Transamerica Insurance, Met Life (other carriers available as needed)
Insurance Products and Services: Liability Insurance, Property and Casualty Insurance, Personal Auto and Motorcycle Insurance, Homeowners Insurance, Life Insurance (Term, Whole, Universal), Annuities, Renters Insurance, Condominium Owners Insurance, Condo Association Insurance, Business Commercial and Industrial Insurance, Error and Omissions Insurance, Professional Liability Insurance, Directors and Officers Liability Insurance, Employment Practices Liability Insurance, Rental Income Property (Dwellings and Apartments Insurance, Earthquake Insurance, Commercial Property Insurance, Commercial Auto Insurance – (Truck Insurance, Cargo Insurance, Tow Trucks and Tractors Insurance), Surety Bonds
Languages Spoken: English and Spanish
Year Established: 1992
The first place for an Insurance Quote La Crescenta CA
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NIC Commercial Insurance – Los Angeles, CA 90039 (323) 661-5546
Errors and omissions insurance for insurance agents selling property and casualty insurance in the Los Angeles area, California, Arizona, Texas and nation wide.
NIC Commercial Insurance
P.O. Box 39589,
Los Angeles, CA 90039
(323) 661-5546 niccom@sbcglobal.net
http://NICcomins.com
Errors and Omissions 