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E&O Insurance

I was just curious if you all have E&O insurance or have gotten it. I know there was a discussion I started, or someone did, earlier about this subject. It ended up costing me almost $800 through Marshall through NCRA. I thought they were the cheapest, but that was way too much money I thought.

I had asked on here which is the best/cheapest and through NCRA kept coming up. I'm not so sure I'm going to renew again. That's way too expensive.

I think it has to do with how much money "you state to them" you make. Boy, I feel taken for a ride.

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Permalink Reply by Kyung on December 8, 2011 at 14:53

I have an E&O insurance. In fact, this year I was asked by a couple of agencies to provide proof of insurance. I get mine through Marshall. And you're right, it's based on how much you make. That seems high to me too.

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Permalink Reply by Kelli Combs (admin) on December 8, 2011 at 15:53

My main firm I work for doesn't require it. There was one agency I work for maybe four times a year that wanted me to get it or they wouldn't use me any longer, so I decided to get it. Funny thing, though, is I haven't worked for them since I got the insurance. They've tried, but I'm too busy or at least haven't been available when they needed help. Guess you never know.