Errors and Omissions Insurance
How to Protect Yourself from the Most Common E&O Claims with Better Coverage
From a Presentation by Jim Meseck, White and Steele Hopefully, you’ve never been sued, had to go to trial, or had a real estate E&O claim. It’s not fun. What can make an already stressful situation even more stressful is if you don’t have Errors and Omissions insurance coverage — or enough coverage, or evenRead More
Real Estate E&O Coverage for Prior Transactions: What Are My Options?
Never heard of Full Prior Acts or didn’t know there was a difference in Prior Acts coverage? You might wonder if one covers you for transactions that occurred in the past, why doesn’t the other? Are there exclusions? Here are the important differences you need to know between Prior Acts coverage and Full Prior ActsRead More
Your Real Estate E&O Insurance Q and A
Real estate E&O insurance and claims prevention does not have to be complicated or scary. The first smart move is to get educated, so you know how to buy only what you need; the second is to get insured. We have compiled the most common questions we get asked about real estate E&O insurance andRead More
Are You Protected from Prior Acts? A Guide to How Far Your Real Estate E&O Protection Extends
There are varying schools of thought within the real estate community about the usefulness of personal Errors and Omissons (E&O) insurance. Many professionals still believe that if the firm they are working for has insurance, then they are covered for all acts. They also believe that should they move firms, the policy of their oldRead More
Why do you need an individual real estate E&O insurance policy?
Firms typically have basic E&O insurance. However, having individual, personal coverage will not only cover gaps that you might not be aware of, it will give you customized business tools and services that fit your exact needs. But do you know everything you need to know about your firm’s policy? Do you know where theRead More
Webinar Event Recap for Real Estate Licensees: It’s not too late to learn how to protect yourself
It’s not too late to learn how to protect yourself from real estate Errors and Omissions insurance coverage loopholes that can leave a real estate career in ruins. Each year in the United States, more than 13,000 real estate professionals are faced with a lawsuit. It happens. Mistakes happen. But what may surprise you isRead More
Admitted versus Non-Admitted Carriers for Real Estate E&O
Your real estate Errors and Omissions insurance exists to negate your risk, but the wrong coverage can leave you with even riskier business. Admitted and non-admitted carriers both provide protection, but how much protection they’ll provide you lies in their differences. The Big Divide: State License is the Key What is the main difference betweenRead More