Insurance Agent Goofed Up, Causing Additional Costs

[Logan Allec]

One of the conditions of a recent purchase I made was that I would pay the seller for lost rents to keep a unit vacant so that I could live in it when escrow closed.  Strange, but OK.

Closing date was initially September 3, but the insurance agent put the wrong state abbreviation in the lender's address on the mortgagee clause to be added to my insurance policy, causing closing to delay until September 10.  This resulted in an additional $200 of lost rents I had to pay to the seller.

Do I have recourse against the insurance agent/company here?

[Jason Bott]

@Logan Allec an insurance agent has an Errors and Omission policy that covers errors like this. 

Is the agent the sole party responsible?  The lender didn't catch this?  Was the agent given a reasonable time line?  Depending on these answers would would impact if they were responsible or not.