Discussion:E&O Insurance - Limits of Liability

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Discussion Forum Index --> Business Growth Community --> E&O Insurance - Limits of Liability

Kathyt (talk|edits) said:

26 June 2009
I'm renewing my insurance and I would like to know how other's determine the limits of liability. Last year I raised mine by a large amount because a few of my clients have become a lot more successful, so as their tax went up I raised my limits. But wow did that raise my premium!! I'm wondering if I went overboard with it and would appreciate some thoughts on how you determine how much your coverage should be. Any thoughts on this would be appreciated.

Trillium (talk|edits) said:

26 June 2009
Hi, Kathy - there are a few discussions on this topic in the Business Growth/Practice Management forum that you might want to check out:

I've moved your discussion over to that forum, too, from the tax forum (the topic falls more under practice management isssues, vs technical tax issues, so you may get more responses from the BG/PM forum crowd anyway).

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