E&O Policies -- What do they really cover?

Asked by Michael Vrielink Team, Chicago, IL Tue Feb 14, 2012

I've been reading and comparing E&O policies and having a hard time evaluating their true worth. The exclusions seem endless, and the coverage seems minimal. Small brokerage owners -- how did you go about choosing and negotiating the best E&O coverage for your brokerage?

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Carmen Brode…, Agent, Scottsdale, AZ
Tue Feb 14, 2012
I think every policy will be similar. They are in business to collect premiums, not actually pay claims.
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