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Insureds Need to Read the Policy

posted 246 weeks ago on Specialty Insurance Blog

Insurance agents are responsible for providing coverage as requested by clients, and could face insurance agents E&O claims if they do not. But what happens if a client requests the wrong coverage? This happened in Wyoming, and a recent court case provides the answer: A client is required to read the policy in order to determine whether coverage is correct (see here, and here for a summary). A client provided incorrect values on two buildings to their agent, and the...
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