Real Estate Errors And Omissions Insurance
Errors 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
Errors and omissions insurance can cover settlements and legal fees that result from such lawsuits. Whether you are a real estate agent working on your own, or you operate a company with multiple agents, each should be protected by errors and omissions insurance. While you and your attorney will need to decide how to proceed with a lawsuit, errors and omissions insurance provides a financial safety net should you be found at fault.
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.
| Type | Location | Date Posted |
|---|---|---|
| Property And Casualty Insurance | hartford, CT | Sep 2, 2010, 5:38:00 PM |
| Property And Casualty Insurance | Bloomsburg, PA | Sep 2, 2010, 4:45:00 PM |
| Property And Casualty Insurance | St Petersburg, FL | Sep 1, 2010, 5:27:00 PM |
| Property And Casualty Insurance | Portchester, NY | Sep 1, 2010, 1:05:00 PM |
| Property And Casualty Insurance | Lilburn, GA | Aug 31, 2010, 7:10:00 PM |
| Property And Casualty Insurance | Morganfield, KY | Aug 31, 2010, 6:41:00 PM |
| Property And Casualty Insurance | Detroit, MI | Aug 31, 2010, 5:55:00 PM |
| Property And Casualty Insurance | denver, CO | Aug 31, 2010, 2:13:00 PM |
| Property And Casualty Insurance | Antler, ND | Aug 30, 2010, 8:06:00 PM |
| Property And Casualty Insurance | Brooksville, FL | Aug 30, 2010, 4:57:00 PM |
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