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#203108 - 02/14/08 10:50 PM E&O preferred carriers??
Angler RE Offline
Junior Member

Registered: 02/14/08
Posts: 1
Loc: Orange County, CA
I just wanted to stop in and say hi to everyone here, I just found this website the other day and have found all of you to be very informative.

Now to my question for you all, who are your E&O carriers and are there any carriers in California that will do "per transaction" policies for a small brokerage 2-4 agents. Thanks for the input.

Tony
Angler Real Estate

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#203346 - 02/15/08 05:38 PM Re: E&O preferred carriers?? [Re: Angler RE]
CALIF DREAMING Offline
Veteran Member

Registered: 08/01/06
Posts: 1068
Loc: Downey, California
Cres Insurance Services in San Diego will go "per transaction" for small brokerages.

My rep there is Joe Bogle whose e-mail address is jbogle@cresdirect.com Their phone number is 800 880 2747 x 151

You may also ask them to give you a quote for California required Workers compensation insurance for your agents and clerical staff.
_________________________
"People rarely succeed unless they have fun in what they are doing"....Dale Carnegie

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#223102 - 04/28/08 04:56 AM Re: E&O preferred carriers?? [Re: CALIF DREAMING]
Broker Paul Offline
Member

Registered: 11/11/07
Posts: 89
Loc: Ca, Orange/ Los Angeles
Double check the per transaction fee, Versus the Standard or unlimited insurance.

It will depend on your situation, if you close 1 transaction or less per month than the per transaction is the way to go. Low start up fees and 1 transaction min. per month. Monthly ledger to fill out.

If you ever close more than 1 transaction per month than you may find the standard or unlimited plan a better value. The catch is you pay for the year up front.

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