| Errors And Omissions
Nine out of 10 insurance agencies have potential E&O exposure and one in every three insurance agencies will be hit with an E&O claim this year. No insurance you will purchase is more important than coverage for errors and omissions.
The PIA Western Alliance will help you find the right coverage for the right needs at the right cost.
Utica is the only company that separates property and casualty E&O from life and health E&O. Both Utica Mutual and Utica Life & Health are specifically geared toward that type of agency.
UTICA MUTUAL: Available only in Washington, Alaska, Oregon, Idaho and Montana
Utica has been providing agent E&O coverage for more than 30 years and has nearly $2-billion dollars in assets. Utica offers policies that include:
- Full prior acts.
- Defense costs in addition to limits of liability.
- First-dollar defense coverage.
- Optional loss and litigation deductible and an aggregate deductible that caps your annual deductible exposure.
- Advertising and personal injury coverage.
- 10% loss control credit, flexible payment plans and an A+ claims department.
- Financial products coverage*, real-estate coverage*, mutual funds and variable annuities*, and employment practices liability*.
- Optional extended reporting periods that reinstate the aggregate and offer options of as long as 10 years.
Utica Mutual continues to be one of the standard bearers in the industry, offering a superior product at a competitive price.
UTICA - Life and Health E&O: Available only in Washington, Alaska, Oregon, Idaho and Montana
In addition to providing quality E&O insurance for P&C agents, Utica also sets the standards of E&O protection for life and health agents. Policy highlights include the following:
- Full prior acts.
- Defense costs in addition to limits of liability.
- First-dollar defense coverage.
- Optional extended reporting periods that reinstate the aggregate and offer options of as long as 10 years.
SAFECO: Available only in Washington, Alaska, Oregon, Idaho and Montana
SAFECO has been providing E&O coverage to insurance professionals for more than 23 years. With more than $2 billion in assets, SAFECO offers a flexible E&O plan to fit all of your needs. SAFECO has one of the broadest policy forms available in today's market.
CNA: (Not available in Nevada)
Agency Advantage has designed a Professional Liability program with you in mind. It's the coverage you need, service you deserve and - best of all - coverage you can afford.
The Agency Advantage Professional Liability program:
- Protects your agency with ranges from $100,000 to $5,000,000.
- Deductibles can start as low as $1,000 and go as high as $25,000.
- The definition of insured is broad ranging from independent contractors to current and past employees.
- Offers a separate limit of liability to pay for legal costs, fees and expenses.
- Gives you the right to approve all settlement offers.
- Protects from claims alleging slander, libel, invasion of privacy, malicious prosecution and other non-bodily injury damages.
Most carriers won't give you coverage for the sale of financial products. This policy can include coverage for the sale of variable annuities, variable life insurance, mutual funds and securities and more.
Agency Advantage offers flexibility and lets you design the coverage you need. We also have access to numerous other markets for the new "start-up" agencies or those that do not qualify for a preferred market.
SPECIALTY MARKETS: For hard to place or start-up programs the PIA can quote from several markets.
For a New Business Quote Contact Errors and Omissions Specialist, Robert Tee (888) 246-4466.
For Renewal Business or Service Contact the Director of Insurance, Lisa Tucker (888) 246-4466.
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