Insurance buyers rely on their insurance broker to provide guidance on purchasing the right policy and amount of coverage necessary should they sustain a loss or cause an injury to others. They often assist with everything down to filing out the insurance forms and applications. Unfortunately, policy-holders only realize the errors in their coverage after a loss has occurred and their insurance is inadequate, further it is often something that could have been avoided if a broker had helped a policy holder to find the right policy.
Insurance Brokers owe fiduciary obligations to their insured to ensure the information they provide to the insurance company is accurate, to make sure their clients procure the right insurance policies, and secure sufficient insurance coverage to cover potential losses.
Our office is experienced in handling claims against brokers for broker malpractice, breach of fiduciary duty, and related claims. Call us today at (916) 526-2770.