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What Does the Future Hold for Insurance Agents' E&O?

National News • October 13, 2006
David Duncan of David C. Duncan Insurance Services in Rancho Santa Margarita, Calif., is worried about whether and how much the cost of his agency errors and omissions insurance might go up next ...

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Subject: RE: E & O Premium

Posted On: October 13, 2006, 1:29 pm CDT
Posted By: K
Comment:
The main problem is that most agents (not all) make insurance a commodity and forget about the coverage. What is your price? I get so sick of hearing that question however it is a big part of the offer as most want to save.

I know I do but at the same time, will it meet my needs? This is an important consideration. We are the agents who suggest and recommend and tell the prospect why they need coverage. It is a cost of doing business and should be looked at that way. How do you offset the cost? Write more or bigger premiums to make up for it.

My two cents!
K
Subject Posted By Posted On
RE: What's in the future for E&O Eric
Feb 11, 2008, 6:10 pm
What's in the future for E&O Joe Petrelli
Aug 16, 2007, 6:50 am
E&O Bill P
Oct 16, 2006, 12:26 pm
responding to RT and others Agent 007
Oct 15, 2006, 6:07 pm
RE: Agents and Brokers E&O coverage rt
Oct 14, 2006, 6:40 pm
rate increase wudchuck
Oct 14, 2006, 9:52 am
RE: nancy Truth
Oct 14, 2006, 12:35 am
Agents and Brokers E&O coverage Hal
Oct 13, 2006, 7:04 pm
nancy LL
Oct 13, 2006, 6:43 pm
RE: RE: In response to Walter Truth
Oct 13, 2006, 6:13 pm
RE: In response to Walter Walter
Oct 13, 2006, 5:56 pm
RE: If response to Lisa bob laublaw
Oct 13, 2006, 3:36 pm
RE: E & O Premium K
Oct 13, 2006, 1:29 pm
E & O Premium Scott
Oct 13, 2006, 1:20 pm
RE: E & O Premium mark
Oct 13, 2006, 1:17 pm
In response to Walter Nancy
Oct 13, 2006, 1:08 pm
RE: RE: RE: E & O Premium J. Greeneberg
Oct 13, 2006, 1:00 pm
RE: In response to Lisa Fred
Oct 13, 2006, 12:58 pm
RE: RE: E & O Premium Mister Insurance
Oct 13, 2006, 12:56 pm
E&O pricing Insurance Poor
Oct 13, 2006, 12:53 pm
RE: E & O Premium DB
Oct 13, 2006, 12:46 pm
RE: If response to Lisa Walter
Oct 13, 2006, 12:45 pm
If response to Lisa Nancy
Oct 13, 2006, 12:30 pm
RE: RE: E & O Premium Mark
Oct 13, 2006, 11:51 am
RE: E & O Premium Lisa
Oct 13, 2006, 10:32 am
E & O Premium Nancy
Oct 13, 2006, 9:08 am
E&O Cover for Insurance Agents Y. Solides
Oct 13, 2006, 3:08 am
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