What is Real Estate Agents' Professional Liability Insurance?
Real estate agents’ professional liability insurance, also known as errors and omissions (E&O) insurance, protects real estate professionals (agents, brokers, property managers) against claims arising from errors, omissions, negligence, or misrepresentation in their professional services.
Why Obtain Real Estate Agents' Professional Liability Insurance?
As a real estate agent, your clients count on you to provide accurate guidance and information when buying or selling property. Even a small error can lead to financial loss for your client, and potentially a lawsuit against you. We’re here to help you secure a policy that fits your business needs, covering attorney fees, administrative costs, and any judgments or settlements that may arise from claims alleging errors, omissions, negligence, misrepresentation, or inaccurate advice.