California E&O Insurance for Insurance Agents, Brokers and Wholesalers - P&C, Life, Accident/Health
(For states other than California, please select from the menu above.)
We're retail insurance brokers and our goal is to provide you with coverage for errors and omissions insurance
(E&O insurance) from a highly rated insurance company promptly and at a reasonable cost. We work with numerous admitted and non-admitted carriers and can offer E&O insurance to California insurance agents and brokers writing any type of P&C, life, and accident/health insurance.
Even if you're having difficulty finding E&O insurance because of your specialty or a history of claims, we can help.
This website is designed to provide you with information regarding the E&O insurance products we offer in California and easy access to our applications. To request quotes, please complete an application and return to us. Do not hesitate to call us if you have any questions.
What Type of California Insurance Agents can you provide E&O Insurance to?
We can provide E&O insurance for all types of insurance agents and brokers in California, including:
 P&C Insurance Agents
Life, Accident/Health Insurance Agents
P&C Insurance Wholesalers
Life, Accident/Health Insurance Wholesalers
MGAs
Whether you're an experienced or a newly licensed agent, we have a market for you.
Why is it Important for California Insurance Agents to have E&O Insurance?
California insurance agents and brokers face significant exposure to professional and malpractice claims, including the following:
Failure to recommend the proper insurance product
Failure to bind or renew insurance 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 California insurance agents are filed by insureds whose claim was denied or only partly covered by the insurance company and who blame their insurance agent for the shortfall.
Litigation for this type of claim can be lenghty and costly.
Also, insurance companies, wholesalers, MGAs, and state insurance departments generally require that their insurance agents carry E&O insurance.
It is therefore vital for California insurance agents and brokers to have E&O insurance protection.
What Coverage does an E&O Insurance Policy provide Insurance Agents in California?
E&O insurance policies for insurance agents are usually issued on a claims made form. The E&O insurance policy generally covers claims made against insurance 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&O insurance policy, insurance 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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