Appraiser E&O Insurance: Understand the Concepts of “Claims Made” and “Prior Acts” Coverage in Your Policy

When it comes to E&O insurance, all appraisers should take the time to understand the concepts of “claims made” and “prior acts” coverage in their policies. Let’s start with this basic fact — all E&O insurance sold to appraisers and similar professions is “claims made” insurance coverage. To understand how claims made Read more…