I don't think you can use the terms "E&O" and "reasonable" in the same sentence. I paid out almost $5,000 last year with never a claim... I just sent in my renewal application and I am afraid to get the quote back.

The way they look at it, they are insuring everything you did last year (and prior) and this year they are insuring all of that PLUS what you do this year. They figure that the more work you do the more potential liability they are exposed to. I guess that makes sense, but how many years in business can we all afford to pay the insurance on? Every year I hope it will peak out, but hasn't happened yet. The first few years saw much sharper increases, but it is still going up.

Just my $0.02.

Robert A. Franco

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