My GA provides E&O, which covers whatever I write through the agency. However, I am getting appointed with a couple of companies on the side as well. I assume it is not ok to use the GA's existing E&O, since the business I will write with these other companies will be through a direct independent contract, and NOT through the GA. Is this correct?
So, that leaves me to find another E&O coverage for my direct contract. Is an agent allowed to have two E&O coverages at the same time? One company will cover what I write through my GA, the other company will cover what I write as an independent.
So, that leaves me to find another E&O coverage for my direct contract. Is an agent allowed to have two E&O coverages at the same time? One company will cover what I write through my GA, the other company will cover what I write as an independent.