Re: E & O Insurance...
Hello- this is David Brauner, Senior Broker at OREP. A couple of things I'm hearing: we are getting calls from inspectors who are having trouble renewing their insurance this year- waiting a long time for quotes or not getting quoted. My advice is simple- shop early so you can get the best policy at the best price and not have to feel pressure to accept terms you’re not happy with for fear of losing your prior acts. You all know when your policy is expiring, it's on your Declarations page. Shop early and shop well.
Second, and this is kind of a commercial: I am hearing from inspectors in “expensive” states like California, Florida and New Jersey, saying they are not getting the coverage or price they are seeking because they live in a “high liability” state. Seek out a program with “flat rates” across all the states so you are not penalized because of where you live. Shop for the broadest coverage, Admitted if you can find it, low rates and of course, great service.
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Hello- this is David Brauner, Senior Broker at OREP. A couple of things I'm hearing: we are getting calls from inspectors who are having trouble renewing their insurance this year- waiting a long time for quotes or not getting quoted. My advice is simple- shop early so you can get the best policy at the best price and not have to feel pressure to accept terms you’re not happy with for fear of losing your prior acts. You all know when your policy is expiring, it's on your Declarations page. Shop early and shop well.
Second, and this is kind of a commercial: I am hearing from inspectors in “expensive” states like California, Florida and New Jersey, saying they are not getting the coverage or price they are seeking because they live in a “high liability” state. Seek out a program with “flat rates” across all the states so you are not penalized because of where you live. Shop for the broadest coverage, Admitted if you can find it, low rates and of course, great service.
- - - Updated - - -
Hello- this is David Brauner, Senior Broker at OREP. A couple of things I'm hearing: we are getting calls from inspectors who are having trouble renewing their insurance this year- waiting a long time for quotes or not getting quoted. My advice is simple- shop early so you can get the best policy at the best price and not have to feel pressure to accept terms you’re not happy with for fear of losing your prior acts. You all know when your policy is expiring, it's on your Declarations page. Shop early and shop well.
Second, and this is kind of a commercial: I am hearing from inspectors in “expensive” states like California, Florida and New Jersey, saying they are not getting the coverage or price they are seeking because they live in a “high liability” state. Seek out a program with “flat rates” across all the states so you are not penalized because of where you live. Shop for the broadest coverage, Admitted if you can find it, low rates and of course, great service.