Insurance Agents need Errors and Omissions Insurance. Period. This should never be an optional coverage for you, regardless of your level of expertise. You are human and you are bound to make mistakes. Even the smallest mistakes can cost you thousands of dollars in defense lawyer fees. Most E&O polices will cover any judgements/settlements and your defense costs. Even if the judgement is in your favor you are still out of pocket for all costs for your lawyer, which can bankrupt some smaller agencies/agents. There is no “standard” Errors and Omission policy for Insurance Agents, which is why it’s imperative to work with a company that understands E&O coverages.
We pride ourselves in providing comprehensive E&O polices for Insurance Agents that protect YOU. We work with Admitted (and Non-Admitted) A+ rated carriers that offer premiums as low as $1,500. With our assistance, we can help cover mutual funds, annuity sales, care, custody and control of client’s records, extra expenses due to catastrophes and include defense costs inside and outside of the limits of liability. We offer no property damage exclusion and optional “First Dollar Defense” through select carriers.
Even if you have a current policy, looking for a new policy or just shopping around, contact us today. We can provide a quote to show you how we can really provide top-level protection. For more information please call us at 855-980-7480 or visit our CompleteMarkets Insurance Agents Errors and Omissions Insurance Storefront.