Your cost can range between 150 and 2150 or more.
How much is e&o insurance for travel agents. Life Accident and Health Insurance Agents Errors Omissions EO Liability. Best in class insurance partners. Use our smart tools to find the perfect flight for you.
Travel Agent Errors and Omissions EO Insurance Starts At Just 2933Month Apply Online In Minutes. Basically anyone who provides a service to a client for a fee like insurance brokers financial planners lawyers should have EO coverage. Thats because every travel agency is different.
Insurance companies use different factors to determine errors and omissions costs. Anuncio Why Go Elsewhere. Bundled coverage with monthly payments starting at just 27842.
The median cost offers a more accurate estimate of what your business is likely to pay than the average cost of business insurance because it excludes outlier high and low premiums. Examples of How Much Errors and Omissions Insurance Costs Average costs for EO coverage are usually 500 to 1000 per employee per year. Travel agent errors and omissions insurance costs vary.
So if your business has 50 employees you can estimate your errors and omissions premium to be between 25000 and 50000 per year. This insurance is meant to protect you both legally and financially if you are alleged to have made professional mistakes that bring physical harm to your customers or that cause them financial losses. Anuncio Why Go Elsewhere.
Instant proof of insurance. Book with Confidence on KAYAK. Designed for Tour Operators with Annual Total Gross Receipts TGR of less than 2500000.