Small Business Insurance That is Competitively Priced and That Provides the Gold Standard in Protection in 3 Fast and Easy Steps

• Get instant online Quick Quote premium indication in about 3 minutes.
• Request phone call from experienced insurance agent to finalize your formal proposal.
• Accept proposal and your coverage confirmation may be emailed in minutes.

In these businesses, real estate agents, clerical office workers and salespeople buy, rent, sell and appraise real estate that is owned by others. Real estate agents act as the middlemen between real estate buyers and sellers. They may represent specific sellers by marketing and selling their real estate at the highest possible prices, or they may assist buyers by helping them purchase real estate at the lowest possible prices.

General Liability Insurance for Real Estate Agencies – Real estate agencies could be liable for injuries that occur on their premises as well as for losses at their clients’ houses, including theft and vandalism. Entry to clients’ homes should be limited to designated individuals and keys should be kept in a safe place, such as a lock box. Real estate agencies should keep their lobby areas and offices organized and make sure all furniture is stable and in good condition.

Errors & Omissions Insurance for Real Estate Agencies – Real Estate Agencies should carry errors and omissions insurance to protect against client lawsuits alleging economic losses due to administrative errors, failure to disclose, etc. Also, potential buyers may file lawsuits alleging discrimination or other violation under state, federal, or constitutional law. Real estate agents must be licensed in their state and should receive extensive training in order to prevent errors and omissions claims.

Workers’ Compensation Insurance for Real Estate Agencies – Real estate agents are at risk of injuries while out of the office and visiting clients’ homes, as well as in the office due to repetitive movements. However, real estate agents are often independent contractors and would not be eligible for workers’ compensation coverage. Administrative employees and other employees who receive hourly or salary pay would be eligible for coverage under the workers’ compensation insurance. In that case, the risks are those that are typical of a normal office, such as slips/trips/falls, shelving collapse, and back injuries.

Business Auto Insurance for Real Estate Agencies – Automobile accident risks depend on the frequency of vehicle use by employees. If vehicles are used in real estate agencies, employees must have valid drivers licenses and rules must be in place regarding taking vehicles home. Employees or independent contractors who use their own vehicles should carry adequate limits of Personal Auto Liability.

Property Insurance for Real Estate Agencies – The property risks at real estate agencies are primarily that of any office. Fire may be a concern and the significant paper load could feed a fire. All-important documents and computer data must be duplicated and stored off premises. The best way to do this is through electronic imaging.

Crime Insurance for Real Estate Agencies – The biggest crime concern at real estate agencies is employees who have the potential to steal from customers or their employer. Real estate agencies typically have access to customers’ financial information, which can be used by dishonest employees. Money received for down payments should be given to an administrator or designated employee for processing. The separation of duties is key. All employees and agents should be required to undergo criminal background checks.