California E&O Insurance

Discussion in 'E&O - Errors and Omissions for Insurance Agents' started by jdben92883, Jan 7, 2008.

  1. jdben92883
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    jdben92883 New Member

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    Hello...I'm new to the forum, so please forgive me if this is a worn topic. I need to secure E&O insurance to write group and individual health policies. I have had a couple companies decline to send me a quote. I finally got one from the company (CRES) that has provided me E&O for finance and real estate and they came in at $3500/year!! I'm ONLY doing health insurance and others I've spoken to have mentioned premiums of $25-30/month...a long ways from $290/mo. Can anybody steer me in a better direction? Thanks!!

    John
     
  2. GreenSky
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    GreenSky Guru

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    Yeah, this should be an EASY question.

    Apply for an appointment with Blue Shield and ask them where to get E&O. They have an affinity program wtih BCS. It's $460 per year.

    Rick
     
  3. Dave020
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    Dave020 Super Moderator Moderator

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  4. GreenSky
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    GreenSky Guru

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  5. Dave020
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    Dave020 Super Moderator Moderator

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    Really? That must be a new change (newer). When I got appointed with Shield it had to include an application just like Cross. Also, back then if you didn't write enough business with Shield, they would take back your book. I guess things have changed.
     
  6. jdben92883
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    jdben92883 New Member

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    Thanks for the replies...I've applied with MGA via Blue Cross @ $460/year.
     
  7. GreenSky
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    GreenSky Guru

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    I assume you read all the forum rules. Because both Dave and I gave you good advice, you owe each of $100.

    To make it easier for you, just send me $200. I'll get Dave's share to him later.

    Rick
     
  8. Dave020
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    Dave020 Super Moderator Moderator

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    I'll "collect" it in Vegas LOL

    Dave
     
  9. OneMorePolicy
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    OneMorePolicy Expert

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    Looks like MGA also handles E&O applications for Napa-benefits.

     
  10. CHUMPS FROM OXFORD
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    CHUMPS FROM OXFORD Guru

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    Spam Spam Da Bears Spam Spam Spam Ditka Ditka Spam Da Bears Spam
     
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