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Why Agents Need Errors and Omissions Insurance

Insurance agencies more than any other profession realize the need to protect their firms, agents and producers from litigation in the event of an error or omission in the course of providing their services. In fact, insurance carriers require proof of insurance agent errors and omissions (E&O) insurance before appointing an agency.

E&O insurance is specifically designed to offer protection to agency professionals for the array of emerging exposures they face and can help protect the firm against losses resulting from negligence, errors, and also omissions in the performance of professional services. The policy, depending on the level of services provided can be tailored to fit the business needs of agencies both big and small.

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