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The Ins and Outs of Errors and Omissions Insurance

Features • July 19, 2004
Almost all agents have clients with errors and omissions (E&O) exposure and the most difficult job the agent may have is convincing the client that they have the exposure. After 20 years of ...

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Subject: E & O Insurance

Posted On: February 25, 2009, 10:30 pm CST
Posted By: Doug
Comment:
We have a small business and have had E & O coverage for many years and have never had a claim. We understand and appreciate the need for it. The real problem with this type of insurance is if you have a large claim toward the end of the policy year you will never get insurance again (or you will never be able to afford insurance again). If it happens that you have another claim, you may well be out of business. So it most cases you will get one claim only even if you have 20 years of no claims. I wish E & O insurance were sold in policy periods of 3 years, where the policy could not be canceled for 3 years. I would be willing to pay 30% more per year for this type of coverage. Does it exist?
Subject Posted By Posted On
RE: RE: E&O Insurance Barry
Nov 4, 2009, 3:23 pm
Re: E&O insurance for insurance agencies AgentSurfer
Sep 11, 2009, 2:55 pm
E&O insurance for insurance agencies Michael
Sep 8, 2009, 2:13 pm
RE: RE: RE: RE: errors and omissions insurance Ian
Sep 2, 2009, 1:15 pm
RE: RE: RE: RE: errors and omissions insurance Ian
Sep 2, 2009, 1:14 pm
RE: RE: RE: errors and omissions insurance T
Jul 12, 2009, 8:58 pm
RE: RE: errors and omissions insurance Ann Marie
Jul 11, 2009, 9:20 pm
RE: Prices for E&O Policy KATTY
Jun 24, 2009, 6:25 pm
RE: errors and omissions insurance Carl
Mar 23, 2009, 8:38 am
Prices for E&O Policy Anirudh
Mar 23, 2009, 2:00 am
E & O Bill
Mar 20, 2009, 8:57 am
RE: great read Peter Pell
Mar 17, 2009, 11:25 am
E & O Insurance Doug
Feb 25, 2009, 10:30 pm
RE: E&O Insurance Yvonne
Feb 17, 2009, 3:40 pm
New Insurance Agent needs coverage lg
Nov 16, 2008, 7:29 pm
RE: RE: errors and omissions insurance Maria Elena
Oct 17, 2008, 11:36 am
E & O Insurance for Florida Paul Lijeski
Oct 7, 2008, 3:04 am
RE: errors and omissions insurance Rory
Oct 4, 2008, 2:50 pm
E&O Insurance Susan Pavlich
Sep 9, 2008, 12:53 pm
RE: RE: erors and omissions insurance Annette
Aug 27, 2008, 1:43 pm
errors and omissions insurance Rhe
Jul 9, 2008, 9:06 pm
RE: RE: errors and omissions insurance Cheryl
Jun 24, 2008, 5:25 pm
E&O Insurance Key
Jun 17, 2008, 2:09 pm
RE: errors and omissions insurance Jamie Dunnam
Jun 17, 2008, 7:33 am
errors and omissions insurance Joel
Jun 16, 2008, 8:56 pm
John Gibson James
May 22, 2008, 12:04 pm
John Gibson Andrea
May 8, 2008, 6:20 pm
RE: E&O insurance Frank DiPasquale
May 2, 2008, 6:10 pm
RE: Errors and Omissions Heather
Apr 30, 2008, 9:58 am
Errors and Omissions Tom Noteboom
Apr 30, 2008, 8:35 am
RE: RE: erors and omissions insurance John
Apr 27, 2008, 6:08 pm
RE: E&O Ins. John Gibson
Mar 5, 2008, 11:43 am
RE: RE: erors and omissions insurance Steve
Feb 24, 2008, 11:19 am
RE: erors and omissions insurance Jeanna
Jan 16, 2008, 11:41 pm
RE: RE: erors and omissions insurance rita
Jan 10, 2008, 2:45 pm
RE: erors and omissions insurance Luiz
Jan 6, 2008, 3:24 pm
E&O Crossover Coverage Jack
Dec 23, 2007, 11:44 am
Start up insurance co. Florida Giovanni Livolti
Dec 10, 2007, 7:17 pm
Insurance Debra Rothschild
Nov 13, 2007, 11:42 am
E&O Ins. Chris Smith
Oct 16, 2007, 6:54 pm
RE: erors and omissions insurance ruth alao
Oct 6, 2007, 8:05 pm
erors and omissions insurance elsa
Oct 2, 2007, 6:00 pm
great read ashish
Sep 18, 2007, 12:01 am
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