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How to Select the Right Coverage- Broker Dealer E&O
How to Select the Right Coverage- Broker Dealer E&O
06.24.2014When it comes to Errors & Omissions Insurance, not all policies
are created equal. Similar premiums do not guarantee similar coverage. Policies
may renew with important changes that affect your coverage. Follow these steps
when selecting or renewing your E&O policy.
·
Review your current E&O policy. If you have
renewed coverage for several years without rereading your policy, your current
business activities may not be covered. Changes in your business, such as
providing additional services, may require additional coverage.
·
Look beyond the lowest premium quote. Identify
whether the policy offers the benefits you need in addition to competitive
rates.
·
Select a policy that will grow with your
business. Do you plan to offer additional services such as Financial Planning,
Life Insurance, etc.?
CalSurance has over 30 years of experience matching broker
dealers with the right E&O program. For more information about Broker
Dealer E&O insurance, or to discuss your insurance needs with one of our
Account Executives, please complete
a brief questionnaire here.
All
information provided in this blog is for informational purposes only. The
sources used are presumed accurate. CalSurance Associates, Brown & Brown
Program Insurance Services, Inc. and Brown & Brown, Inc. will not be liable
for any errors, omissions, losses, injuries or damages arising from its display
or use and will not assume responsibility for any misguided information. No
guarantees are implied.
Written by
CalSurance Team
Published June 2014
