Insureon review for insurance agents: E&O cost, coverage and policy terms
Agent E&O covers your defense and any payout when a client says your mistake cost them money. Insureon is an online insurance broker that lets agents, brokers and adjusters fill out one application and compare E&O quotes from several insurers.
You buy the policy you pick online, and an Insureon agent can help along the way.
- Best for
- Agents, brokers, adjusters and small agencies that want several online quotes from one application
- Price
- Quote only, from each insurer that will take your business
- Insurer
- Whichever insurer you pick from your quotes
- Lines covered
- P&C, life and health agents, plus adjusters, actuaries and other insurance professionals
Our take
Insureon is a good start for a small agency that wants to compare a few E&O quotes fast without calling around.
Because the insurer changes from quote to quote, so do the terms. Compare the retroactive date, defense terms and any Insureon fees on each proposal before you buy.
Pros
- One application, several quotes
- Coverage can start in under a day
- Certificate in your online account
Cons
- Placement and technology fees may apply
- Policy terms differ by insurer
- Claims go to each insurer, not Insureon
Who can buy
- Who can buy
- US insurance agents, brokers, agencies, claims adjusters and actuaries
- What you share
- Location, staff, revenue, payroll, services, contracts, insurance history, legal history and past claims
- Approval
- Each insurer underwrites your application
- Membership required
- No
What it costs
- How it's priced
- One online application returns quotes from the insurers that will take your business
- Fees
- Insureon may add a placement fee or a technology fee where allowed. It shows them in the proposal before you bind
- Payment options
- Pay the insurer yearly or in installments, by card or check depending on the insurer
Typical cost reported by Insureon: $65 a month, or $781 a year, for insurance professionals who bought E&O through it, with a $1 million limit and a $1,000 deductible. That's the median of past sales from its June 2025 cost page, not a quote or a starting price.
Insurer and admitted status
- Issuing insurer
- The insurer on the quote you choose
- Admitted
- Depends on the insurer. Ask whether your quote is admitted, which means a state guaranty fund backs it
- Broker
- Insureon, a digital agency that's part of HUB International. It's licensed in all 50 states and Washington, DC
Policy form, prior acts and tail
Most agent E&O is claims-made, which means the policy in force when a claim is made is the one that pays. Each insurer on your quotes sets its own form, retroactive date and tail.
Check the retroactive date on every quote. It's the earliest date of past work covered. Ask each insurer to match your current one so you don't lose coverage for past work.
Limits, deductibles and defense
- Limits and deductibles
- Set by each insurer on your quote. The limit is the most a policy pays, and the deductible is your share of each claim
- Defense costs
- Ask each insurer whether defense sits inside or outside the limit
How to apply
Fill out one application
Share your location, staff, revenue, services and claim history online.
Compare quotes
Insureon returns quotes from the insurers that fit, and an agent can walk you through them.
Pick a policy and pay
Coverage can start in under 24 hours once you choose.
Get your certificate
It arrives by email and in your online account, often within hours.
Have contracts, payroll records and current policies handy in case an insurer asks.
Claims and risk management
- How to report
- Call or go online with the insurer that issued your policy
- What to have
- Your policy number and the date, time, place and details of what happened
- Claims help
- An Insureon agent can find your insurer's claim line
Cancellation and renewal
- If you cancel
- Ask the account manager listed in your Quotes tab
Insureon alternatives
- HiscoxQuote onlyInsurer selling E&O direct online
- Progressive CommercialQuote onlyProgressive's agency places E&O with partner insurers
- NAPA E&OFrom $355 a year, newly licensed, $1M/$3M, $0 deductiblePublished prices and an instant certificate
- EOforLessFrom $374 a year, Medicare only, $1M/$1M, $0 deductiblePublished life, health and P&C prices
- PIA Agency InsuranceQuote onlyAssociation broker for independent agencies
See every option in E&O insurance for insurance agents.
Frequently asked questions
How much does E&O through Insureon cost?
Each insurer quotes its own price after reviewing your application. The typical cost Insureon reports from past sales, shown above, isn't a quote.
Who insures the policy?
The insurer on the quote you choose. Insureon is the broker.
Does Insureon charge fees?
It may add a placement fee or a technology fee where the state allows. Any fee shows on your proposal before you bind.
How do I file a claim?
Report it to your insurer by phone or online. An Insureon agent can help you find the right contact.
How we researched this review. We based this review on the terms and product pages published by Insureon, reviewed in October 2026, together with our team's experience working with insurance agents and agency owners since 2008.
Corrections
Vendors change their pricing all the time and they don't email us when they do. So if you see a price on here that's gone up, a plan Insureon quit selling or a contract term that reads different now, let us know and send the link to the page where Insureon has it. Somebody here pulls up that page and checks it before we change anything on ours.