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During the process of comparing E&O plans in December, my current E&O company (NAPA) inferred that if I left them, and in the future, received an E&O complaint for an Error/Omission that I commited while insured through NAPA, they would not pay it because I would no longer be their customer.
The new carrier wouldn't cover a claim if the error/omission was commited prior to enrolling with them.
Does this ring true? If so, changing E&O companies could be a risky proposition.
-Allen
The new carrier wouldn't cover a claim if the error/omission was commited prior to enrolling with them.
Does this ring true? If so, changing E&O companies could be a risky proposition.
-Allen