Skip Ribbon Commands
Skip to main content
OTHER PAGE

E&O and Clerical Errors

An insured accepts a premium quote and coverage is bound. Later, it's determined that a rating error occurred. The insurer then bills the insured for the corrected premium. Since the contract is in effect, can the insurer recover this money or must the carrier have to assume the loss? Below are some thoughts on this...send us yours!

Big ‘I” members must be logged in to view all the content on this page.
 

image 
 
​127 South Peyton Street
Alexandria VA 22314
​phone: 800.221.7917
fax: 703.683.7556
email: info@iiaba.net

Follow Us!

​Empowering Trusted Choice®
Independent Insurance Agents.