E&O coverage...where should I get it?

[Philly Fan]

Where should I get my E&O coverage from? My first instinct is to get the cheapest I can find, is that what you all would recommend or should I rethink that assumption?

Thanks!

 

[eersfan]

Top 11 Errors and Omissions (E&O) Providers for Insurance Agents

Scroll down until you see the list of carriers.

 

[goillini52]

Where should I get my E&O coverage from? My first instinct is to get the cheapest I can find, is that what you all would recommend or should I rethink that assumption?

Thanks!

NAPA Benefits & Services for Insurance Agents & Agencies

 

[Philly Fan]

Thanks guys!

 

[mattl89]

NAPA for sure. I believe it also provides CE credits but I am not 100% sure.

 

[FinalExpenseDojo.com]

NAPA is by far the cheapest if you're a brand new agent!

 

[goillini52]

NAPA is by far the cheapest if you're a brand new agent!

What if you're an old agent?

 

[LostDollar]

not an agent

I would recommend learning about "types" of coverage so you at least know what you are buying. I can not find the thread now, but there was a discussion somewhere on site at one point about different types of e&o coverage and how long they protected you after the sale of a policy that caused a claim.

I think The thread involved a question by an agent who no longer had e&o coverage and wanted to know if the coverage he had in force when the policy was sold would cover a claim he now anticipated was going to happen.

 

[GreenSky]

not an agent.

Yet you still think you should tell agents what to do.

Rick

 

[goillini52]

Yet you still think you should tell agents what to do.

*ick

"I would recommend learning about "types" of coverage so you at least know what you are buying."

Recommending and telling are two different things. LD didn't TELL anybody what to do.