Our Professional Liability Errors and Omissions Insurance protects you, the residential agent or broker, from error or omission claims while you are performing professional services. These E&O claims result from negligent actions for either providing or failing to provide professional services. E&O insurance provides for the defense and indemnity of covered claims and saves the real estate agent or firm the cost of defending and settling such allegations of negligence even if groundless.
Who’s Eligible for Residential Agents and Brokers?
This particular E&O product is designed primarily for the real estate firm, not the individual agent. Because we can custom design your product, we typically focus only on larger Real Estate Firms. Our eligibility requirements are as follows:
- Commission income in excess of $1,000,000
- Minimum 3 years experience
- Minimal E&O loss history (however, we can consider hard to place accounts)
Our E&O insurance policies are designed for each Real Estate Brokerage and address the myriad of risks associated with each client. Our coverage features address issues often omitted by other policies and can include:
- REO Work
- Pollution related exposures
- Discrimination related exposures
- Land and Farm Sales
- Site Placement
- Employment Practices Liability
- Owned Property Exposures
Let Us Provide the Coverage Right for You.
For more information, call or email us, or fill out the convenient form on this page. Contact us today.