Business Insurance for Insurance Agents
Insurance agents benefit from having several types of business insurance to protect from accidents and other situations, such as customer injury and claims of negligence.
Luckily, Progressive Commercial makes protecting your agency easy. We work with trusted providers to answer your questions and set up a policy that meets your needs.
E&O insurance for insurance agents
Errors and omissions (E&O) insurance, also known as professional liability insurance, protects insurance agents against claims of negligence and failure to render services. It's a vital part of an agent's business insurance policy because general liability doesn't protect against these types of claims.
For example, an insurance agent forgets to add collision coverage to a customer's vehicle while setting up a policy. After an auto accident, the customer discovers the error and sues the agent. E&O insurance could help cover the cost to defend the agent's business.