Errors and Ommissions

moonlightandmargaritas · 06-18-2008, 07:44 PM

Quote:

Originally Posted by arnguy

If you are contracted with Assurant, their E&O is relatively cheap. NAPA beats it only if you are contracted with one of the companies on their list----if not, NAPA is more expensive for the independent agent.

My E&O (cuz I'm appointed w/Assurant) is $527/yr. While it's done by "MGA Ins Svcs" which I believe is administered by NAPA down the road here in Lakewood Ranch, FL, their non-Assurant brokerage rate is about $800 a year...

jerrykramer64fan · 06-18-2008, 11:14 PM

I have 3 mil with NAPA and it runs like $491yr or $45/m.

TimLett · 06-19-2008, 12:23 AM

Two good options: Life Investors has one that is under $500 for the year...but, there is no open enrollment and only one window of enrollment per year. Also, AON has a program for Foresters agents. Both are under the $500 range.

golfnut · 06-20-2008, 10:57 AM

Yes , I recently changed from Calsurance to AON through Forester's, the yearly cost is $476, I can shoot you a contract if you need it. Josh, are you located in NC?

Rico · 06-21-2008, 07:16 AM

Hello everyone. I am new to this site and joined because I wanted to see if NAPA truly was the best deal out there for me. It appears that it is. Thanks for the information.

TimLett · 06-21-2008, 02:23 PM

Quote:

Originally Posted by golfnut

Yes , I recently changed from Calsurance to AON through Forester's, the yearly cost is $476, I can shoot you a contract if you need it. Josh, are you located in NC?

Wow. 7 posts and recruiting already. They're growing up so fast these days.