SOLUTIONS

Real Estate Brokerage Errors and Omissions Insurance: Extensive Coverage, Exceptional Value, Pre-Claim Legal Advice

Get Better Real Estate E&O Protection that You Control

  • More protection overall up to $3 million
  • Higher coverage in critical risk areas
  • Expert Legal Services Pre-Claim to help resolve issues

We also have more options than just about anyone for Business Owner’s Policies, Cyber Liability Policies, Workers’ Compensation Insurance, and Surety Bonds.

If your state requires real estate E&O, we have a superior solution

For real estate brokerages in Colorado, Idaho, Iowa, Kentucky, Mississippi, Montana, Nebraska, New Mexico, North Dakota, Rhode Island, South Dakota, Tennessee, and Wyoming, you can enjoy more Extensive Protection, Exceptional Value, and Pre-Claim Legal Services included . . .

Why do most real estate brokerages have a company E&O policy?

  • Your real estate brokerage gets better coverage with higher available limits (up to $3 million)
  • You control the areas of protection included in your policy, so you more actively manage your risks
  • You have more flexibility in customizing your policy to your business
  • Your licensees get better protection
  • No tail coverage needed

Learn more about the differences in benefits of having a company E&O policy

CRES delivers better real estate E&O protection for the best value

You’ll enjoy the best value in E&O coverage for your real estate brokerage — because no one has access to the product options that we have. (We’re part of Arthur J. Gallagher, one of the largest insurance brokers in the world.)

You’ll also have the best claim prevention team for proactive problem resolution , , , Our highly rated ClaimPrevent® expert real estate attorneys are available to help you resolve small issues before they turn into big problems.

Plus, our innovations will help you protect and grow your business. Your CRES E&O can help your team win listings and dazzle buyers – while reducing your risk  . . .

  • Dazzle Buyers— Receive 25 free Building Permit History Reports each policy year to show buyers the presence of permits. And reduce your out-of-pocket claims expense up to $2,500.
  • Win Listings — Seller’s E&O Protection Plan is an amazing benefit to offer your sellers, giving them $25,000 of coverage for damages and defense for 6 months after closing.
  • Reduce Your Retention (out-of-pocket claims expense) — Give your sellers a CRES home warranty with up to $50,000 in Seller’s E&O, and reduce your out-of-pocket claims expense up to $5,000.*  (Use both a CRES home warranty and Building Permit History Report and reduce retention up to $7,500*.)

Plus, Coverage for Past Transactions — Your past transactions are covered for as long as you’ve had continuous E&O insurance with any company.

Which Real Estate E&O Plan Should You Consider?

As a real estate brokerage, you have two options: 1. Choose an Office policy to protect all of your licensees and employees, or 2. Choose an Excess policy and have your licensees purchase their own E&O (from us or anyone they choose). We can help you decide what best meets your needs.

Real Estate E&O Office Policy

  • Get as much protection as you need: limits up to $3,000,000
  • Includes broad protection and higher limits in individual coverage areas
  • Choose your participation level: retention (out-of-pocket claims expense) from $1,000 to $100,000

E&O Excess Policy

  • Sits above the licensees’ limits to provide a full $1-3 million in coverage for a claim
  • No additional out-of-pocket claims expense once the licensee’s retention has been paid
  • Fixed annual premium
  • Adds coverage for ex-licensees and employees

Revenue under $1 Million: Get a Quick Quote

Revenue over $1 Million: Get a Quote and Buy Online

Renew Your CRES Policy

* Seller’s E&O coverage and other benefits are feature-based and warranty specific. The E&O Retention (Out-of-Pocket Claims Expense) Reduction applies to any real estate licensed Real Estate Services Council Risk Purchasing Group, LLC. (“RESCRPG”) member who personally pays for the Home Warranty Plan. These benefits are offered by, and intended for, the members of RESCRPG. RESCRPG membership is part of your CRES E&O policy. Other warranties may also qualify for an E&O Retention Reduction, but only those warranties listed here are guaranteed to qualify. Not available in all states. Certain restrictions apply. Read each policy for a full comparison of coverage and benefits. All coverage is subject to Underwriting and other qualifications.

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