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Professional Liability for Real Estate Professionals

Real Estate Agent Errors & Omissions Insurance

You deserve top-tier Real Estate Errors & Omissions Insurance tailored specifically to your real estate endeavors. Whether it’s sales, escrow, property management, or mortgage brokering, our coverage is meticulously designed to meet your needs.

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Real Estate Agent Errors & Omissions

What is Real Estate Errors & Ommissions Insurance?

As a real estate professional, your unwavering commitment to client satisfaction speaks volumes. That loyalty isn’t always reciprocal. Enter Real Estate Agent E&O Insurance, your shield against the unforeseen pitfalls of the industry. Also known as professional liability insurance, it’s the protection that safeguards real estate agents, brokers, escrow officers, property managers, and mortgage brokers from inevitable error. In today’s landscape of heightened client expectations and the ever-looming threat of litigation, this coverage isn’t just an option—it’s a necessity.

Why do you need it?

Wondering why Real Estate Professionals should prioritize E&O Insurance? Allow us to shed a light on five compelling reasons your real estate business demand coverage:

  • Heightened client expectations now often include the requirement for E&O insurance, potentially limiting your opportunities without coverage.

  • While contracts offer some protection, they frequently face legal challenges, entailing significant expenses for your agency.

  • Clients aren’t shy about pursuing legal recourse if they perceive your services as falling short of expectations.
  • Even in seemingly trivial cases, defense costs can quickly escalate, putting a strain on your finances.
  • A robust professional liability insurance plan not only safeguards your business but also offers a cost-effective solution for long-term financial security.

Curious about the myriad risks inherent in running a thriving real estate brokerage? Explore our complimentary real estate agent risk summary for comprehensive insights.

What Does Errors & Omissions Insurance Protection Cover?

As a real estate professional, you have a tremendous responsibility. Your clients trust you to give them accurate advice and information about their real estate transactions. If you miss an important detail, it can result in financial damage, and ultimately a lawsuit against your real estate agency or brokerage.

Real Estate Agent E&O insurance can help cover claims of:

  • Negligence
  • Misrepresentation
  • Inaccurate advice
  • Prefessional Errors
  • Fact ommissions

If a client sues your real estate agency, E&O coverage can help pay for legal expenses, including:

  • Attorney’s Fees
  • Court Costs
  • Administrative Costs
  • Settlement and judgements

You can also increase your real estate E&O insurance coverage if you buy an extended reporting period (ERP) for your policy. This means you’ll have more time to report a claim after your policy expires. Not sure you have the right real estate agent E&O insurance, check out our checklist.

The details count

Real Estate Professional Deserve Specialized Protection

Experience unparalleled protection with our Real Estate Errors & Omissions insurance, crafted specifically for professionals in the industry. Unlike generic policies, ours is meticulously tailored to address the unique challenges and intricacies of real estate transactions. From contract disputes to regulatory compliance, we’ve got you covered with comprehensive coverage that understands the nuances of your business. Trust us to safeguard your reputation and financial security with precision and expertise.

Get started with a free quote.

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