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Errors & Omission Insurance for
INSURANCE AGENTS & BROKERS

Trusted for over 20 years by agencies, brokerages, MGUs, & MGAs across the country.

 

Errors & Omission Insurance Covers Mistakes and Oversights

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Coverage Options Title Here

When you partner with us you get more than top-tier insurance solutions, competitive rates, and customized policies, you gain access to an established team of professional, and Cyber specializing in Insurance Agents and Brokers.

  • First Dollar Defense Defense

  • Limits up to $100M

  • Defense Outside

  • Independent Contractor Coverage

  • Insolvency Converage

  • Disciplinary Converage

Errors & Omissions (E&O) Liability Insurance can provide coverage for your company in the event of a lawsuit brought against it for claiming negligence in providing or failing to provide your professional services. Below are the most common claim scenarios.

Failure to properly qualify a lender who subsequently was delinquent.

An individual was given a second mortgage on her home to pay off credit card debt. Within one year, the plaintiff was back in debt and could not pay the new credit card debt, the first or the second mort-gage. After seeking the advice of a credit counselor (suggested by the mortgage broker), the Plaintiff sued because the mortgage broker should have known her history and that she would have been unable to pay. Payout of $27,000 plus legal fees.

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HOW TO SUBMIT AN APPLICATION

In order to submit an already completed application, please send the application and its supporting documentation.
Download Insurance Agents and Brokers Professional Liability Application >

Our Other Product Lines

Cyber Liability/ Privacy & Network

Security Management Liability Insurance

(D&O) Employment Practices Liability Insurance

Crime Insurance

Fiduciary Liability

To learn more about our Wholesale Insurance Resource for Professional & Management Liability Visit PLRisk.com

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