Cheap E&O Insurance

Discussion in 'E&O - Errors and Omissions for Insurance Agents' started by dcorrp, Dec 3, 2010.

  1. CaptiveGuy
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    CaptiveGuy Well-Known Member

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    I just received an updated quote for $1,250 for $1M coverage and $2,500 deductible from CalSurance (called CITA now I think). Three years in the business it's through Fireman's Fund.
     
  2. OCinsurance
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    OCinsurance Well-Known Member

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    Make sure to check the policy term. Some policies do not run for a full twelve months, so the price does not represent a quote for twelve months.
     
  3. CaptiveGuy
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    CaptiveGuy Well-Known Member

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    It was for a full year no EPL though as I don't plan to have employees for a year or so.
     
  4. JCK818
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    JCK818 Well-Known Member

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    you will nt find anything cheaper than CITA. I got mine from them as well. 1400 for a whole year
     
  5. freshie
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    freshie New Member

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    I'm new to this business and will be prepping a startup agency soon, and need E&O in FL state. Any chance to get 1 from you? Ball park, how much annual? Thanks
     
  6. Philly
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    Philly Well-Known Member

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    The insurance quote from Fireman's Fund for $1,250 is all premium do upfront or can you make payments? Thanks
     
  7. CaptiveGuy
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    CaptiveGuy Well-Known Member

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    You can make 10 payments.
     
  8. Philly
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    Philly Well-Known Member

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    Thanks for the answer!!
     
  9. amgeater
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    amgeater Active Member

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    I paid 1786.00 per year with Lloyd's for my E&O
     
  10. OCinsurance
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    OCinsurance Well-Known Member

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    I would also be happy to get you a quote. Feel free to write me here and I can send you an application. I can also accept applications from other carriers.
     

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