(88896208) Title Insurance E & O
Your E&O policy is designed to protect you against claims for which you become legally liable to pay due to allegations of an unintentional error or omission by you or one of your employees. Professional liability policies are written on a claims-made and reported basis, covering claims that occur subsequent to the retroactive date stated in the declarations and which are first made against you and reported to the company while the policy is in force. For this reason, maintaining prior acts coverage is extremely important. Without prior acts coverage, your covered acts are limited to those performed and reported during the current policy period only. While switching carriers, please be aware of the significance of the retroactive date in your policy.
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