It seems like most on here sell insurance and I've been wanting to do something with E & O. It seems more needed for agents rather than adjusters because with a claim, they just re-open and pay more or supplement payment.
Few questions:
1. Is E & O really needed for agents?
2. How much coverage would you seek typically? (With claims people went for around 2 million)
3. It seems like most E & O is bought through someone that goes to a large wholesaler so to speak, is this right?
The reason I ask is because there was a company that advertised for E & O and was "selling" it but all they really did was take information and call this large company to get the policy for the client. Is there good money selling E & O?
Few questions:
1. Is E & O really needed for agents?
2. How much coverage would you seek typically? (With claims people went for around 2 million)
3. It seems like most E & O is bought through someone that goes to a large wholesaler so to speak, is this right?
The reason I ask is because there was a company that advertised for E & O and was "selling" it but all they really did was take information and call this large company to get the policy for the client. Is there good money selling E & O?