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E&O Insurance for Insurance Agents
We provide E&O insurance to insurance agents, brokers, and agencies writing any type of P&C, life, health and accident coverage.
Our goal is to provide you with E&O coverage from a highly rated carrier promptly and at a reasonable cost.
Even if you're having difficulty finding coverage because of your specialty, a history of claims, or bankruptcy, we can help.
This website is designed to provide you with information regarding the products we offer and easy access to our applications.
To request quotes, please first verify that we operate in your state (see list below).
Complete an application and return to us. Do not hesitate to call us if you have any questions.
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Coverage is available in the following states
Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Illinois, Indiana, Iowa, Kansas, Louisiana, Maine, Maryland, Michigan, Minnesota, Missouri, Nebraska, Nevada, New Jersey, New York, North Carolina,
North Dakota, Ohio, Oregon, Pennsylvania, Tennessee, Texas, Utah, Vermont, Washington, Wisconsin, Wyoming.
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What Types of Insurance Agents can you provide E&O Coverage to?
We can provide E&O coverage to all types of agents and brokers, including:
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 Experienced P&C Agents
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(premiums starting at around $1,400)
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New P&C Agents
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(premiums starting at around $2,000)
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Life, Accident/Health Agents
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(premiums starting at around $700)
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P&C Wholesalers
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Life, Accident/Health Wholesalers
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MGAs/MGUs
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Reinsurance Intermediaries
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Whether you're an experienced or a newly licensed agent, we have a market for you.
Why is it Important for Agents to have E&O Coverage?
Insurance agents and brokers face significant exposure to professional and malpractice claims, including the following:
Failure to recommend the proper product
Failure to bind or renew policy on time
Failure to recommend adequate policy limit
Failure to provide correct specimen policy for review
Failure to disclose policy exclusions
Failure to disclose material information
Most E&O lawsuits against insurance agents are filed by insureds whose claim was denied or only partly covered by the insurance company and who blame their agent for the shortfall.
Litigation for this type of claim can be long and costly.
Also, carriers, wholesalers, MGAs, and state insurance departments generally require that their agents carry errors and omissions coverage.
It is therefore vital for agents and brokers to have the proper errors and omissions coverage.
What Coverage does an E&O Insurance Policy provide Agents?
E&O policies are usually issued on a claims made form. The E and O policy generally covers claims made against agents and brokers by reason of an error or omission in the performance of
professional services.
As no two policies are the same, it is important that prior to purchasing an E and O policy, agents review the coverage, including all endorsements, with special attention to limitations and exclusions, to ensure that the policy
provides adequate protection.
What's the Difference between a Claims Made Policy and an Occurrence Policy?
A claims made policy generally covers claims which are reported to the insurance company during the policy period, regardless as to when the act that gave rise to the claim occurred, but as long as that act was on or after the retroactive date.
An occurrence policy generally covers claims arising from acts which occurred during the policy period, regardless as to when the claim is reported to the insurance company.
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