31 August 2022
31 August 2022,

Errors and omissions insurance has two different types of deductibles. The first type, Loss & Expense (L&E), is included automatically. The second type, First Dollar Defense (FDD), requires additional underwriting and can be purchased for an additional charge.

Remember: Seemingly frivolous lawsuits must be defended.  A small matter could exceed $25,000 in defense costs depending on how long the case remains open.  We can help if you already have a policy in place, contact us and speak with a TIAC professional.

e&o deductible type

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This information is provided for the purpose of illustration. The coverage provided is that set forth in the terms, conditions, and limitations of the policy of insurance.

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