Check Your E&O Coverage
â€œIt may not be widely known that errors and omissions and general liability and other programs are available through the National Burglar and Fire Alarm Association (NBFAA),â€ says Patrick Devereaux, senior vice president, Emergency24, Chicago. â€œThird party providers need to take it upon themselves to bring to their attention that itâ€™s out there â€“ and that it can help make the industry stronger. Itâ€™s a great program for dealers,â€ he says.
The NBFAA has long offered errors and omissions, general liability, directors and officers and other insurance to its members. When the Federal Liability Risk Retention Act was passed in the late 1990s, NBFAA took advantage of the provisions and began offering its program through the Security America Risk Retention Group. For more information, visit www.alarm.org or www.securityamericarrg.com.