Saturday, February 20, 2010

First Dollar Defense Endorsement

The definition of First Dollar Defense: "Provides coverage for defense expenses related to a claim from the first dollar. Allows the deductible to be applied to the loss only."

This endorsement should be considered for high deductible professional errors and omissions liability insurance deductibles to preserve out of pocket defense if your organization is named in a lawsuit. In most cases your deductible is required only if you company is liable for the damages.

This endorsement may offer your organization protection against frivolous lawsuits.

About Me

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6119 Ridgeview CT #500, Reno, NV 89519, 775-284-8200 or kevin@ardentinsurance.com., United States
http://www.ardentinsurance.com College BS in Business Administration (University of Nevada, Reno) 1987. Independent Farmers Insurance Agent 1987-1997; Part time financial sales positions 1997-1999; Co-founder and President of ClientFlex Corporation 1999-2004; Lucini/Parish Insurance 2004-2005; Co-founded (with Tammy Brunson) Ardent Insurance LLC (2005-2007); Changed entity to Ardent Insurance Inc (2006-present). Insurance Designations: LUTCF. Insurance Affiliations: Big I (Independent Insurance Agents of America); Trusted Choice Approved Agency; Professional Insurance Associates, Inc. (Affiliate); Local Business Associations: Northern Nevada Insurance Agents - Member; Community Associations: Northern Nevada Endurance Training - Active Member.