FAQs

Frequently Asked Questions

Q. Why do I need E & O coverage?

A. E & O Insurance will defend you and your company against claims made wherein someone believes they incurred financial harm because of something the Real Estate agent did or did not do. Errors and Omissions is recommended as a preventative measure against actions taken against your company that could greatly effect income potential and hinder future transactions. The policy is limited to liability for only those claims that are first made against the insured and reported to the company during the policy period.

Q. What is this Sellers Liability Protection I’ve heard about?

A. Seller’s Liability Protection is a policy endorsement that provides the home seller with legal defense and indemnification in the event the buyer files a lawsuit against the seller. It works in much the same fashion as your Realtor ® E&O Insurance. It is available to you to offer your sellers when you maintain E&O insurance through our company and the transaction closes with an approved Home Warranty.


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