Call for a Quote Today!
One in 50 real estate pros experience a claim
Based on Hiscox claim data from 1/1/2016-1/30/2019
Eligible Professions
- Real estate agent/broker
- Broker price opinion provider
- Property manager
Common Risks for Real Estate Services
- Bodily injury
- Conflict of interest
- Discrimination
- Dissatisfied client
- Emotional distress
- Negligence
- Third-party property damage
- And much more
The Curcuru Agency Bundle for Real Estate Services
GENERAL LIABILITY (GL)
Protects your business from a third party’s claims of bodily injury, property damage, and personal injury like slander and libel.
PROFESSIONAL LIABILITY (PL)
Also known as errors and omissions, or E&O, coverage, this protects you from claims of negligence during the course of conducting business. You’re protected even if you haven’t made a mistake.
Claim Scenarios for Real Estate Services
GL CLAIM EXAMPLE
Bodily injury:
A couple who is selling their home meets at your office to sign the contract. As they are leaving the office, the wife slips and falls on the icy steps outside, injuring herself. General liability insurance protects against third-party claims of bodily injury, associated medical costs, and property damage.
PL CLAIM EXAMPLE
Negligence:
You listed a home in a high-demand neighbourhood, and the house went under agreement almost immediately. After the closing, the seller heard of another home in the same area that sold for a higher price and sues you, charging that their home was under-priced. Professional liability insurance protects against claims of negligence and will appoint an attorney to defend you, if needed, even if you haven’t made a mistake.