Tag Archives: property managers

The Importance of Professional Liability Insurance for Property Managers

The Importance of Professional Liability Insurance for Property Managers

Due to the nature of their profession – working with people, property, and all that the two entail – it is imperative that property managers protect themselves and their operations with the right insurance coverage. Property management cases are one of the most common forms of claim brought against real estate practitioners, as well as one of the areas with the highest damage awards. One of the most important forms

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Real Estate Insurance E&O: Don’t Sell A Home Without It

 Real Estate Insurance E&O Don’t Sell A Home Without ItE&O Insurance Covers Legal Bills and Judgments

A few months ago, we were interviewed for an article that appeared in the Wall Street Journal on why real estate agents should consider purchasing Errors & Omissions Insurance. The WSJ piece discussed a case in which a couple sued a pair of agents because they were allegedly never told about a murder-suicide that took place in the home a year prior …

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Inside an E&O Insurance Policy

Inside an E&O Insurance PolicyAdditional Features Available in Errors and Omissions Insurance

Errors and Omissions (E&O) insurance, or Professional Liability as it’s also known, is required for professionals to protect themselves against claims that involve allegations that the work performed or services provided caused a client to suffer a financial loss. This coverage is needed as a General Liability policy does not provide for such claims.

Professionals who typically require E&O insurance include accountants

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