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E&O (Errors and Omissions) Insurance in Louisiana...Any recommendations?
Posted on 4/5/16 at 12:49 pm
Posted on 4/5/16 at 12:49 pm
I'd post this on the Money Talk but there's more traffic here (especially from the Baton Rouge area) so please allow this to stay here, admins.
I'm looking for a good range of E&O Insurance Providers. I may be in need of a policy within the next 90 days and I'd like to research a few different options if they're available.
Does anyone have a recommendation or personal experience they can share?
TIA
I'm looking for a good range of E&O Insurance Providers. I may be in need of a policy within the next 90 days and I'd like to research a few different options if they're available.
Does anyone have a recommendation or personal experience they can share?
TIA
Posted on 4/5/16 at 12:58 pm to GFunk
For what? Insurance agent? Lawyer?
Posted on 4/5/16 at 1:00 pm to GFunk
I always write with an ink pen because I never make mistakes or omit anything.
tl/dr: Don't need it, besides, Money Talk Board
tl/dr: Don't need it, besides, Money Talk Board
Posted on 4/5/16 at 1:01 pm to GFunk
quote:
and I'd like to research a few different options if they're available.
what's the point? You'll just pick the cheapest one in the end anyways.
Posted on 4/5/16 at 1:07 pm to Chad504boy
What in the actual F is E&O admissions.
Posted on 4/5/16 at 1:09 pm to nugget
quote:
nugget
quote:
For what? Insurance agent? Lawyer?
Notarial work.
Posted on 4/5/16 at 1:11 pm to Chad504boy
quote:
what's the point? You'll just pick the cheapest one in the end anyways.
No. No I won't. Dumbfrick.
Posted on 4/5/16 at 1:11 pm to TheDeathValley
Protects you in case you get sued for errors & omissions (read major frick ups) in a variety of professional services.
Posted on 4/5/16 at 1:12 pm to TheDeathValley
quote:
THEdeathvalley
quote:
What in the actual F is E&O admissions.
Errors & Omissions Insurance. Not admissions. It's an insurance that provides coverage against potential mistakes (errors or omissions) that occur during the performance of work you may be doing for certain vocations (Real Estate-related, Legal, etc).
Posted on 4/5/16 at 1:23 pm to GFunk
yes yes yes
but in any case, CNA Surety and call it a wrap. Don't overthunk it.
but in any case, CNA Surety and call it a wrap. Don't overthunk it.
Posted on 4/5/16 at 1:29 pm to GFunk
What can you frick up doing notarial work? Just make a copy of everyone's license and make sure they don't actively have a gun to their head. If they're old and slipping, just pass on it.
Posted on 4/5/16 at 1:32 pm to GFunk
How much does a middle of the road E&O policy run?
Posted on 4/5/16 at 1:47 pm to boosiebadazz
quote:
boosiebadazz
quote:
What can you frick up doing notarial work?
I'm in a notarial prep class right now and the attorney just brought in a few wills, a legal description (admittedly perhaps something I won't do a heckuva lot of), and an affidavit or two.
Trust me, I'm going to get insurance.
Besides, in Louisiana it's the law. If you're commissioned you must be either insured or bonded.
Posted on 4/5/16 at 1:50 pm to GFunk
You're going to definitely want the insurance, but for notarial work, you can probably go the el cheapo route tbh.
Posted on 4/5/16 at 1:54 pm to LafitteDog
quote:
I use Ellsworth Corporation.
and what co. are they actually writing you with?
Posted on 4/5/16 at 2:07 pm to Chad504boy
Continental Casualty Company for a real Estate policy.
Posted on 4/5/16 at 2:28 pm to LafitteDog
Which is CNA Surety i'm pretty positive. there isn't an overly abundant of options here.
Posted on 4/5/16 at 2:32 pm to GFunk
Can't you just add it as a rider to your GL policy??
Posted on 4/5/16 at 2:35 pm to LSUTigersVCURams
Mine is $7000 per year.
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