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Factors Affecting E&O Insurance Costs
The cost of an E&O insurance policy can vary based on several factors, including the size of your business, the number of employees, your claims history, and the specific risks associated with your area of expertise. On average, insurance agents can expect to pay between $500 and $1,000 annually for E&O coverage1. However, this is a general estimate, and actual premiums may differ based on individual circumstances and the level of coverage required.