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I am in Florida, and looking to get E&O insurance for property and casualty. Anyone have any suggestions? Thanks..
Rick,
Nice avatar. Pretty much tells us all we need to know about you. Inexpensive E&O does not equate to "the company sucks." CNA, the undewrwriter for at least one inexpensive E&O carrier, most definitely does not suck, and I've had them for several years. Even though I have never had a claim, some sub-poducers under me have and they've been taken care of. More important to know is whether or not the company is named as a co-holder with you on the policy. If you don't know that then no matter how much you pay you will get screwed if there is ever a claim because you won't have recourse to them in a disagreement whether coverage will be given for the particular claim made.
Thanks guys, I got quoted $1,500 a year (that includes all taxes and fees) through Firemans fund. That was the best quote I got by at least $400 from 5 different companies.