Real Estate Errors And Omissions InsuranceErrors and omissions insurance can protect real estate agents from lawsuits from unsatisfied customers. Errors and omissions insurance is similar to professional liability insurance that is carried by doctors, architects, and financial professionals. As a real estate agent, you might not think that you face any liability, but a single lawsuit can ruin your future business. After transactions have been completed, buyers who have remorse may attribute it to something that their real estate agent did. A buyer might claim that his real estate agent did not negotiate effectively on his behalf. He might also claim that the real estate agent selling the property misrepresented the quality or condition of the home. Real Estate Errors and Omissions Insurance to Cover You in Lawsuits If you're not sure where to start searching for errors and omissions insurance for real estate agents in your area, visit iBank.com. Insurers in their network can provide you with quotes for different policies, letting you choose which is best for your business. You can submit your application information real estate errors and omissions insurance through their secure website or ask them any questions you might have at 877-999-6465. |
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