How real estate liability insurance protects your small business
Real estate liability insurance can help cover costs if you find yourself in the unfortunate situation of being accused of causing an injury or damaging property, or if someone says that your work mistake caused financial losses.
We combine two types of liability insurance in our small business insurance packages:
General liability is often the basis of insurance coverage for real estate professionals. It protects you against expenses related to slip-and-fall accidents, damage to property that doesn’t belong to you and other risks.
Real Estate E&O (also known as professional liability) helps you defend yourself if you’re accused of making a mistake that causes someone to lose money. For example, if you are accused of misrepresenting how much acreage a property includes, it could help cover related expenses to defend yourself. Real estate brokers will often require agents to carry E&O coverage.
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