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Errors and omissions coverage is a form of professional liability coverage that is required by all insurance agents and agencies to cover them for errors in doing their job. Other professions have similar if not the same coverage to protect them from errors at their profession. It is similar to medical malpractice coverage in type.
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What can you do if your insurance agent changed insurance companies for your home owner's policy but forgot to include jewelry coverage and now that you need to make a loss claim you're not covered?
agent has and E&O policy (errors and ommissions) file the claim under that......
What actors and actresses appeared in Ommissions - 1975?
The cast of Ommissions - 1975 includes: Cosey Fanni Tutti as herself
What are the insurance liabilities of a leak detection service company?
They need to be concerened about Errors & Ommissions. They also need to worry about completed operations insurance.
Components to liability coverage under an auto policy?
Liability Coverage under an auto policy has what components: Medical payments Collision Comprehensive None of these Liability Coverage under an auto policy has what components: Medical payments Collision Comprehensive None of these Liability Coverage under an auto policy has what components: Liability Coverage under an auto policy has what components:
Are employees covered under errors and omissions insurance?
When errors and ommissions is purchaced by a business entity, the acts of regular employees are generally included in coverage. If the employee is also an indivdual insured depends on the policy. It may often be left to the option of the corporation. Here's how this can matter: Business is sued for acts of employee - coverage provided. Employee is sued individually for his acts in the scope of his job - coverage depends on policy. Read your individual policy, ask for a specimien foorm if shopping for new cover, and ask your broker. Mark Walters, ARM AAI
Is full coverage auto insurance required for auto financing?
Yes, full coverage auto insurance is required for auto financing. This rule protects the bank if you have an accident.
Is towing coverage provided on my auto insurance policy?
Some auto insurance policies do provide towing coverage. It is listed in your policy whether the coverage is provided or not.
Minimum auto insurance on an auto loan?
full coverage
Does full coverage insurance cover theft?
if your full coverage includes comprehensive coverage then yes, Auto theft is covered under the comprehensive portion of your auto insurance policy.
Does Foreign Commercial General Liability include Foreign Business Auto Liability?
It can be, but it just depends on the extent of coverage you purchase. Commercial Auto is not automatically included with Commercial General Liability. If you purchase the Commercial Auto coverage along with the Commercial Liability then you will have the coverage. If you purchase only the commercial General Liability then you won't have coverage for commercial auto.
Can you personally be sued for auto negligence if you have full coverage auto insurance?
Yes
Type of insurance is the same as medical coverage?
In auto insurance, personal injury protection coverage is the same as medical coverage.
