E & O Premiums Going Up and Up

[senior-advisor-indiana]

I have mine through NAPA, sponsored by Equitable. NAPA had a $2 m per / $3M annual through Assurant.

Assurant Life Agent E&O Program

How much is your e&o?

 

[goillini52]

How much is your e&o?

$456 a year....................

 

[jlanier]

I checked E & O for Less and Napa Direct. They both seem to only have coverage for 1m per loss. Looking for 3m per loss (Most of my insurance is commercial). Any options on where to go?

That rate isn't HORRIBLE for a commercial driven agency. I am mainly commercial and I am with Fireman's Fund with $3M/4M limits a $2,500 deductible and first dollars defense and my premium is $2,100. I could switch to Westport and save a couple hundred bucks but Fireman's Fund took me when I first started my scratch agency so I am sticking with them.