Errors and Omissions Insurance
By not purchasing E&O insurance, a company or individual may be taking a very serious financial risk as these types of losses are not covered under General Liability insurance. The cost may vary depending upon the business and location, as well as, claims experience. As with any insurance policy, the best time to buy an E&O policy is before a risk actually occurs. In addition, each policy must be looked over carefully to ensure that the coverage being offered fits the exposure of a particular company or individual.
Most E&O policies are written on a “claims made” or “claims made and reported” form. This means that all claims covered under the policy must be made or, in some cases, made and reported, within the policy period. These policies have a retroactive date that is very important and claims that arrive prior to the retroactive date will not be covered.
At Security First Insurance Agency, searching for the perfect solution is as easy as a couple clicks of the mouse. Security First Insurance Agency will help you find the plan you need at the rate you can afford. Your options will be clearly and diligently explained, and Security First Insurance Agency will work tirelessly until a policy that makes sense for you is found. Call today and let Security First Insurance Agency make life easy on you.
At Afina Insurance, our ultimate goal is to create lasting relationships with each of our clients so that we may continue providing excellent service for many years to come.