Errors & Omissions

What is E&O?

E&O primarily provides coverage for allegations of errors & omissions related to your services as a Real Estate professional.

Why Do I Need It?

To cover legal defense and claim settlement in the event that you are accused of an error or omission while acting in a professional capacity as any of the following:

  • Real Estate Agents and Brokers
  • Real Estate Appraisers
  • Mortgage Brokers
  • Title Agents
  • Home Inspectors
  • Property Managers

Are There Unique Coverages to a Real Estate E&O Program?

Yes! Each E&O policy can be designed to cover any one or more of the following situations:

  • Lockbox protection
  • Discrimination coverage
  • Pollution (failure to advise) coverage
  • Franchisor coverage
  • Seller E&O coverage
  • Sale of agent-owned property coverage
  • Regulatory hearing coverage
  • Coverage for services via your Internet, email
    and telecommunications

 

     

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