If you have received a notice stating that your professional liability insurance will not be renewed, you know exactly how petrifying this situation is. While receiving a non-renewal letter may leave you frantic, or looking for a new insurance company, you need to stop and take a deep breath. There are actions to take to get your proper coverage.
None of the information provided in the website is a guarantee that insurance will be provided or that the agency is obligated to procure insurance for the website visitor. Misstatements or omissions of relevant information by the applicant can lead to price variation or even declination or rescission of coverage. Brokers can make your life easier in buying an insurance policy that best suits your needs, but working with a broker is not a substitute for your independent review of the policy being considered. In the end, the decision to buy or not buy one policy over another is the buyers decision.