Cinch™ offers industry-leading errors and omissions (E&O) insurance with the speed and ease that you’ve come to expect from modern, technology-focused companies. The efficiency we’ve built into the process means lower prices. (On average, we save customers 20%.)* You can also get a quote in minutes. And since Cinch is a part of Berkshire Hathaway Specialty Insurance (BHSI), you can feel secure knowing that you’re partnered with a company that’s focused on the long term.
At Cinch, we’re working to create a better insurance experience by offering affordable coverage and outstanding service. Here are a few things that set Cinch apart:
Among other reasons, clients may bring a claim alleging that their insurance agent failed to:
Simply put: While providing services to a client, you might mistakenly cause them harm, which could result in them suing you. Or, a client could accuse you of causing harm and now you need a lawyer to defend yourself. Having a professional liability policy can help protect you in these types of situations.**
E&O policies for insurance agents start at about $480 a year. However, the price of your particular policy will depend on a variety of factors, including—but not limited to—where you work, your preferred limits of liability, experience, revenue, and the number of claims previously filed against you.
The best way to get an accurate idea of what your policy would cost is by filling out our quick online application to receive a quote. The process takes a minute or two, and—if you choose to purchase—your policy can go into effect any day you’d like, including today.
Yes. Cinch offers E&O policies for property and casualty insurance agents.
Absolutely. We offer policies for either you as an insurance professional or for your insurance agency.
Yes, we do offer insurance for professionals who work with a variety of products. When you apply for insurance with us, we’ll need you to give us the approximate percentage of revenue generated from each product category.
Yes. Cinch insures professionals with less than three years’ experience.
BHSI is part of Berkshire Hathaway’s National Indemnity group of insurance companies, consisting of National Indemnity and its affiliates, which hold financial strength ratings of AA+ from Standard & Poor’s and A++ from AM Best (their highest rating).
“We started Cinch because we believe that we can make insurance better, faster, and more affordable by offering you a direct connection with an insurance company that cares about your needs. That means that you buy directly from us and you talk directly to us. We know you expect fast, seamless results from a company that really understands you—and that emphasis on technology, compassion, and customer satisfaction is all built into the Cinch mission.”
*“20% savings” is based on industry pricing averages.
**Terms, pricing, and conditions of coverage may vary—please refer to your particular policy for more details.