Serving Arizona, California, North Carolina, Texas

One might think “why would an Insurance Agent contact another one, much less an Insurance Broker, in order to buy E&O Insurance?” If you are a seasoned insurance agent, you may have had an E&O Insurance policy for the past few years and have noticed the increase in your premiums.
A survey conducted by the Insurance Journal showed that E&O premiums have been increasing and the result is that about 25% of Insurance Agents shop around in search for lower premiums.

14% of the driving population is insured.

  25,227,500 people

Insurance is your business? So is ours with errors and omissions insurance for insurance agents.

One may ask why would an insurance Agent need E and O Insurance? For the exact same reason any other business does or should: as a professional, you provide a service for a fee, therefore there is the risk of E&O exposure and you need to be covered against claims

There is no standard E&O policy. That is why at Hotwire, as insurance brokers, we can choose from several different Insurance Companies and offer you the best option, tailored for yourself and your Insurance Agency. The best way for your business to grow is to be protected, and an Insurance Agent E&O policy is the best way to cover yourself, your business and your reputation.

Errors and Omissions Insurance for Insurance Agents
Errors and Omissions Insurance for Insurance Agents

Professionals advise that you ask yourself these simple questions

What is the extended reporting-period option in case the agency is considering buying or selling an agency.

Is the Agency covered by what it does and are there coverages that you are selling that are not covered by your own Insurance Agent E&O policy?

Trust an Insurance Broker to protect you. E&O for less.

Other Resources

Recent Posts / View All Posts

Driving Apps | HotWire Insurance

The 5 Most Helpful Driving Apps

| auto | No Comments

In a world with so many apps to make life easier, it doesn’t hurt to use driving apps to make transit more convenient too. Apps for drivers can be simple…

Traffic Ticket

How to avoid SR-22 status

| auto | No Comments

SR-22 insurance is required of many high risk drivers to prove that they have coverage. But if you find yourself in this situation, the first thing you’re likely to notice…

Brand new Car

3 steps to keep your car looking brand new

| auto | No Comments
A car is a large financial investment that should be protected by keeping the car in good condition. This will help the vehicle last for many years and will increase...
Trucking Insurance

What trucking insurance do I need?

| auto | No Comments
If you are just getting ready to start a job in the trucking industry, you are wise to be asking what types of insurance you need. Since driving a truck...
The Facts about Hit and Run Accidents

The facts about hit and run accidents

| auto | No Comments
You're driving to work and reach down to pick up a can that's rolling around on the floor when the car in front of you slams its brakes. The next...
DUI Affects your Insurance

How a DUI/DWI affects your auto insurance

| auto | No Comments

You’ve heard it before—drinking and driving is extremely dangerous. We’re not here to preach morals to you, but we will explain the consequences of the choices you make. If you…

Saving on Your Teens Car Insurance

Saving on your teen’s car insurance

| auto | No Comments
Car insurance rates for teen drivers are higher than for other drivers, but there are easy ways to save. If you have a teenager, you can take some of these...

Why Does Your State Require You To Get A SR-22 Certificate?

| auto | No Comments
WHY DOES YOUR STATE REQUIRE YOU TO GET A SR-22 CERTIFICATE? Every driver needs auto insurance, but your driving habits will likely have an effect on what you'll pay for...