Louisiana Errors & Omissions

Deadline To Renew: January 1, 2015

Why Pay More for Less?

Starts at just:
$144

a savings of $46 vs. the state group program.

$500k/$500k Limits Exceed LREC Minimum Coverage


Includes:  $1,000 Deductible • Environmental Coverage • First Dollar Defense • Agent Owned Property • Agent Pre-Paid Legal Services • Coverage for Prior Sales • Lockbox Coverage • Megan’s Law • Firm and Franchise Coverage • Escrow Disputes • Separate Limit for Defense Costs

Proof of coverage sent directly to LREC
Price includes $7.00 LREC fee

 

Why is the CRES policy so much less?

It’s simple – because we don’t insure everyone. Our program is designed specifically for “low risk” real estate professionals – those that specialize in residential real estate and have had no claims or complaints in the past 5 years. As a result, we can offer you more coverage for less.
  • Guaranteed to meet 100% of LREC requirements
  • Includes $500k/$500k limits. A CRES Exclusive
  • Backed by “A” rated, admitted carrier.
  • Proof of coverage is electronically sent directly to LREC.
  • Offers protection for injuries or damages that occur during Open Houses, showings or other selling activities. Just $8
  • Per LREC requirements, our E&O policy covers all licensed activities including commercial sales, property management, etc. during the upcoming year
  • Our base price is based on residential real estate sales, and you only pay an additional fee if you’ve performed other activities (Commercial, Property Management, etc.) in the past 12 months.

Additional Valuable Benefits:

Seller’s E&O coverage – We offer Seller’s E&O (for just $5) that provides $25k in coverage to protect your clients, a value added benefit that you can use to get more listings!  A CRES Exclusive
Risk Management – We spend over $1 Million a year on pre-claim Risk Management. Why? Because the least expensive claim is the one that is never filed. You have access to our team of local expert attorneys for document/contract review, subpoena assistance, regulatory complaints, phone consultations, sample disclosures, and legal updates. A CRES Exclusive
Qualified Home Warranties – Protect the buyers, eliminate your E&O deductible, and get an extra $25,000 in seller’s E&O with a CRES home warranty.

Low Cost Optional Coverage

  • Add $5Seller’s E&O Coverage
  • Add $8Fair Housing/Discrimination Coverage
  • Add $8“Open House/Showings”, Bodily Injury
    and Property Damage
  • Add $15Increase Limits to $1M/$1M Liability
  • Add $15Property Management or Appraisals (each)
  • Add $45Commercial Sales, Property Management
    and Leasing

Get More Information

“CRES is more than just saving money. They have always provided me with friendly, professional service and get me the answer I need quickly. They really care about me.”
- Mary S., Real Estate Agent