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[+] Dealing with a client - Alix Ott/MI (12 replies)
7/28/2021 1:32:47 PM (3234 views)

[+] FREE PDF EDITOR - Heidi Gemeling/FL (4 replies)
7/27/2021 8:48:34 AM (1543 views)

[-] E & O... again..sorry.. - Regina  Engebritson/MN (12 replies)
7/26/2021 2:59:42 PM (1661 views)
Re: E & O... again..sorry.. - Brandon ONeal/TN
8/4/2021 4:10:08 PM (1887 views)
Re: E & O... again..sorry.. - Regina  Engebritson/MN
8/4/2021 4:56:09 PM (1829 views)
Re: E & O... again..sorry.. - Scott Oberlin/OH
8/9/2021 7:13:59 PM (1858 views)
Re: E & O... again..sorry.. - george Hubka/MI
8/9/2021 7:49:05 PM (1804 views)
Re: E & O... again..sorry.. - Paula Reynolds/FL
8/12/2021 12:31:07 PM (1821 views)
Re: E & O... again..sorry.. - Jay Duncan/MO
8/15/2021 7:54:22 PM (1809 views)
Re: E & O... again..sorry.. - Paula Reynolds/FL
8/15/2021 8:02:05 PM (1789 views)
Re: E & O... again..sorry.. - Jay Duncan/MO
8/16/2021 7:18:53 AM (1682 views)
Re: E & O... again..sorry.. - Paula Reynolds/FL
8/16/2021 8:30:34 AM (1687 views)
Re: E & O... again..sorry.. - Robert Franco/OH
8/16/2021 12:15:01 PM (1736 views)

That may not be enough information to determine whether that is a reasonable quote.  E&O insurance doesn't just cover the current year, for which you estimated $10,000 in revenue.  It covers back to your retro active date, which could be many years ago.  And, the premium is in part based on the amount of work you have done in those prior years.  

If you have been busier in those prior years for which they are covering, but only recently went to part-time, and only recently have reduced revenue, it may still be reasonable.  After-all, a claim could arise on any of the work you have done in the past (depending on the statute of limitations in your state), as well as the work you do this year.  You want to make sure you have coverage if it does. 

Best,
Robert A. Franco
SOURCE OF TITLE 

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Re: E & O... again..sorry.. - Paula Reynolds/FL
8/16/2021 12:18:35 PM (1753 views)
Re: E & O... again..sorry.. - jane guiles/AL
8/26/2021 2:53:29 PM (1643 views)

VRM TITLE LLC - Saundra  Scott/MD
7/26/2021 2:10:12 PM (1299 views)

[+] CELL TOWER - Saundra  Scott/MD (12 replies)
7/26/2021 12:06:30 PM (1654 views)




[+] Foreclosures Looming - Jay Duncan/MO (8 replies)
7/23/2021 2:11:21 PM (2590 views)

[+] Orchestrate - Susan Dustin/WV (7 replies)
7/22/2021 6:11:14 PM (2184 views)

[+] Due Diligence: First Notch Solutions - William Duncan/SC (5 replies)
7/6/2021 5:14:20 PM (1971 views)

Search and Sign VA - William Duncan/SC
7/1/2021 11:18:28 PM (1339 views)

[+] Sanrit Technologies Non-Payer - Ron Beavers/FL (11 replies)
6/30/2021 1:28:06 PM (1510 views)

[+] E&O, any affordable options ? Rates keep going up - A. Christopher Hohenfels/VA (1 reply)
6/28/2021 3:13:54 PM (1589 views)

[+] 51 title and taxes, llc - Deb Dartois/NV (7 replies)
6/28/2021 11:55:41 AM (2587 views)

[+] American Core Title - William Duncan/SC (1 reply)
6/23/2021 8:42:27 PM (1705 views)

[+] Title Abstractors, LLC/Abingdon, VA - Russ  Kern/GA (9 replies)
6/16/2021 10:55:46 AM (2040 views)

CA Bay Area - Dan Zook/NY
6/15/2021 9:09:57 PM (2131 views)


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