No E&O, what can I sell?

moonlightandmargaritas · 08-20-2008, 03:56 PM

Originally Posted by Bob_The_Insurance_Guy

Now that you've heard from all the "know it all, blow hards"

Boy, if this ain't the "pot callin' the kettle black"...

Bob_The_Insurance_Guy · 08-20-2008, 04:00 PM

Dave020 · 08-20-2008, 04:37 PM

Originally Posted by Bob_The_Insurance_Guy

OK, nevermind.

Listen to them, not me.

The key here is not to post insults about others when it can be easily proven that you have no clue what you are talking about.

arnguy · 08-20-2008, 04:44 PM

Move to Pennsylvania. There is a FMO that charges only $150 a year for E&O coverage on all products sold through their agency!

healthagent · 08-20-2008, 04:51 PM

I'm not aware of an E&O carrier that does not offer monthly payments.

The truth has already been stated - if you're so broke that you don't have $40 a month for E&O, you also don't have enough money to put gas in your tank and print of flyers for BtoB.

Dave020 · 08-20-2008, 04:52 PM

I think you can get lower in CA, I think they do a 500k/500k for around $20 a month. $1mm/1mm runs $460 and 2mm/2mm around $900.

You need to get one that covers you for a broad range of products and carriers. In CA, good E&O won't cover for B or below carriers.

NAHU also has it but I think it runs a bit more than Marsh/Affinity runs. Of course you have to be a NAHU member and that runs around $30 a month depending on where you live.

GreenSky · 08-20-2008, 04:52 PM

Originally Posted by healthagent

I'm not aware of an E&O carrier that does not offer monthly payments.

The truth has already been stated - if you're so broke that you don't have $40 a month for E&O, you also don't have enough money to put gas in your tank and print of flyers for BtoB.

Those cable bills and costs for dining out do get expensive.

Rick

Reuben · 08-20-2008, 10:21 PM

I'm located in Southern California, I'm being offered a job with Mass. Mutual, and have been told that I need to sort out my E&O, apparently the coverage is to be 2 million. They've got a connection with an insurer, but I suspect that I can get the same level of coverage for a bit less.

Does anyone have any ideas of where I might go to to get a competitive quote?

lookin4abetterwayinpa · 08-20-2008, 10:25 PM

Last time I was in Vegas I had sex with a meth addicted homeless woman for $10. She told me she was clean so I did not use protection, whats the worst that can happen right. Not sure what made me think of this, but I thought I would share.

robliano · 08-20-2008, 10:38 PM

Originally Posted by lookin4abetterwayinpa

Last time I was in Vegas I had sex with a meth addicted homeless woman for $10. She told me she was clean so I did not use protection, whats the worst that can happen right. Not sure what made me think of this, but I thought I would share.

I don't think anyone can figure out what made you think of this. LOL

Dave020 · 08-21-2008, 12:36 AM

Originally Posted by Reuben

I'm located in Southern California, I'm being offered a job with Mass. Mutual, and have been told that I need to sort out my E&O, apparently the coverage is to be 2 million. They've got a connection with an insurer, but I suspect that I can get the same level of coverage for a bit less.

Does anyone have any ideas of where I might go to to get a competitive quote?

They may have a decent deal with the volume they provide to the carrier. MM E&O is also going to cover brokerage business for investments, which drives the price up from what is being discussed here. I don't think you'll beat MM pricing on the E&O.

Reuben · 08-22-2008, 11:53 PM

Originally Posted by Dave020

They may have a decent deal with the volume they provide to the carrier. MM E&O is also going to cover brokerage business for investments, which drives the price up from what is being discussed here. I don't think you'll beat MM pricing on the E&O.

Thanks for the advice.