SOLUTIONS
Is your revenue $150,000 or less?
You may qualify for Express California Real Estate E&O Coverage
FOR REVENUE $150,000 OR LESS . . . IF YOU QUALIFY, “LEARN MORE” BELOW
Our NEW Express Real Estate E&O Coverage is for California real estate companies with $150,000 or less in annual revenue — and 5 or fewer licensees.
For revenue more than $150,000, or if you don’t meet the criteria below, get a Quick Quote
Your firm qualifies for Express E&O Coverage if:
- Your annual revenue is $150,000 or less
- At least 80% of revenue comes from Residential activities (sales, leasing, etc. of 1-4 Units)
- You haven’t had any sales over $3 million during the last 3 years
- Your company has 5 or fewer licensees
- You’ve had no claims or policy cancellation/declination (other than non-payment) in the past 5 years
- You are not involved in business brokering, property syndication, property development, or exclusive listing agreements with a builder or developer
- You are doing business in California
Choose $500,000/$500,000 or $1 million/$1 million coverage ̶ for real estate sales only (includes coverage for residential, commercial, and land sales).
Your Express E&O policy includes the most popular coverages from $750:
- Pollution/Mold ($100,000)
- Discrimination/Fair Housing Damages and Defense
- Open House & Showings for residential sales ($100,000)
- Agent-Owned Property Sales including rental properties
- Broad Form” with Subpoena, Disciplinary Proceedings, Loss of Earnings, Public Relations, Data Breach ($50,000), and Non-Profit Directors and Officers coverage.
- Covers your real estate company, employees, and agents
- Covers prior transactions for as long as you’ve maintained continuous E&O coverage with us or another E&O company.
- Covers all services for which a real estate license is required or unlicensed real estate support services provided as a real estate assistant or transaction coordinator.