What is Real Estate Errors and Omissions Insurance?
Real Estate Errors and Omissions Insurance protects a real estate professional from claims relating to an error or omission in providing professional services that can lead to a lawsuit. These suits can result from a sale, lease or property management service as well as tenant representation, consulting or other ancillary services such as appraisals, short term escrow and mortgage brokering. An error or omission can occur on almost any transaction. A Real Estate professional can be brought into the suit by misrepresentations of their clients. Even the most careful real estate agents can be sued. Our insurance programs help protect the real estate professional from the liability associated with such errors, mistakes or omissions.
