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re: Insurance agent cost me thousands
Posted on 2/7/24 at 12:47 pm to Adajax
Posted on 2/7/24 at 12:47 pm to Adajax
Absolutely report the agent to whichever company or companies her represents, file the issure with the commissioner of insurance, and call that agent, they will have to fix it, they have errors and omissions insurance for such an issue,but I'm willing to bet they would rather pay out of pocket to fix it legally and ethically than to make a claim.
Posted on 2/7/24 at 2:11 pm to LSUSkip
quote:Not necessarily a good idea because then if the other party ends up demanding more money than either your E&O deductible or what you were willing to pay out of pocket and you end up having to get your E&O carrier involved, they may deny coverage because you probably violated the terms of your E&O policy by admitting fault and attempting to negotiate your own settlement.
they have errors and omissions insurance for such an issue,but I'm willing to bet they would rather pay out of pocket to fix it legally and ethically than to make a claim.
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