Hi everyone! Just wondering if anyone has any input on a good insurance company to go with for our PP business? We're in the St.Louis, MO area. What is a typical premium on a million dollar policy? And why would a PP company have to get E&O? Any thoughts would be appreciated!

I just posted this in a different thread recently.

[quote=AaronZ] E&O covers you butt in the case you did something improper, or something you did just plainly cost the client extra money. Say for example you winterize a property poorly and forgot to drain the washing machine. Washing machine freezes and the pump inside washer bursts. Client then has to get a new washer, but may want to come after you to get it, thats where E&O comes in.


*Edit*
What is Errors and Omission insurance?

Regardless of what kind of business you own, a customer can claim that something you did on their behalf was done incorrectly, and that this error cost them money or caused them harm. This insurance is designed to help cover your defense costs and ultimately the final judgment if you do not win the case. [/quote]


[quote=AaronZ]These guys are real good, I never had a problem with them.

http://www.insurance-tek.com/ [/quote]