Insurance Agent Professional Liability Coverage for Costly Errors

Insurance agent professional liability insurance, also known as errors & omissions (E&O) coverage, is for agents that provide an essential service to families and businesses by helping them find and obtain the proper insurance protection.

Many insurance agents often don’t adequately consider the risks that are involved with their line of work. Simply by offering their recommendations for certain policies and services, whether as a purchase or declining certain insurance protection, agents could be setting themselves up for a lawsuit.