E&O Insurance for Agents
Rockwood has been a premier provider of Errors and Omissions Insurance coverage for over 13 years. During that span of time, we have made numerous changes to our program to keep pace with the changing needs of the marketplace. Rockwood administers a national program underwritten through Certain Underwriters at Lloyds, London for Property and Casualty Retail Agents as well as Newly Licensed (1-3 years) Agents.
We also possess appointments with other “A” rated carriers, allowing us to place virtually any Property and Casualty Agent’s Errors and Omissions risk. Our Property and Casualty Errors and Omissions Insurance program is designed for agents generating less than $2 million in revenues annually.
In today's litigious society, no insurance agency is completely immune from an errors and omissions claim. Recent studies have shown that one out of every three agents have had a reportable incident. Over the next several years, this ratio is projected to increase to three out of four.
Whether you need a market for:
• Newly Licensed (within the last 3 years) Property and Casualty Insurance Agent Errors and Omissions Insurance
• Established (licensed over 3 years) Property and Casualty Insurance Agent Errors and Omissions Insurance
Rockwood Programs is able to assist you on the Insurance Agent Errors and Omissions accounts you have.
Policy Highlights:
•Low minimum premiums
•Up to $25,000 in Identity Theft coverage provided at no additional cost to Insured
•Wide array of liability limit options
We have designed an E&O policy for your clients that will insure them against all allegations of any errors or mistakes made while they are performing duties that involve their business.
Our policy for your client will include coverage for court costs, attorney fees, judgements, settlements etc. We will not however cover if there is intentional wrong doing.
To learn more about the protection we can offer your client, please give us a call or send us an email.
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Carrier Ratings:
"A" Excellent