Errors and Omissions Insurance

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How to Be Protected From Real Estate Open House and Showings Lawsuits

Did you know that most real estate E&O insurance policies don’t offer coverage for claims that arise due to injuries or property damage at open houses and showings? (It’s also called Contingent Liability coverage.) If something gets damaged or goes missing — you pay for it. A client cuts himself trying to open a windowRead More

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How to Reduce Your Real Estate E&O Insurance Deductible

A retention is your total out-of-pocket expense paid before your insurance kicks in. The retention limit on your real estate E&O insurance policy is going to function in a similar capacity to other ‘policy deductibles’ you may have, such as for auto or medical insurance. The difference between real estate E&O insurance retentions and mostRead More

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Claim Prevention E&O Toolkit: Tools to Avoid a Real Estate Lawsuit

When does real estate E&O insurance protect you far beyond the typical policy?  When the E&O insurance actually helps you every day — with access to claim prevention resources to help you avoid a claim, not just cover it after the fact. But what’s in that claim prevention toolkit? How do you access and useRead More

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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

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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

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Get to Know Us!

We have been at this for a while. Twenty years, to be exact. In that time we have watched our company grow to insure and support over 100,000 real estate professionals with E&O and risk management services. Jim Allison and Doug Campbell founded CRES (Comprehensive Real Estate Services) with a vision to give real estateRead More

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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

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Why portable liability coverage is essential for today’s real estate professionals

Real Estate Professionals are in a unique situation in the modern economy. You walk the line between firm insurance and your own personal Errors and Omissions (E&O) insurance. Real estate E&O insurance was created to mitigate financial risk and protect brokers and agents should a consumer become dissatisfied after a transaction has occurred. There isRead More

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Protect Your Seller with their Own E&O Policy and Increase Your Listings

A Seller’s Protection Plan (also called Seller’s E&O) covers your client with up to $25,000 to pay for attorney’s fees and/or damages in the event of a claim from a buyer. It also helps protect you, by reducing the risk that your uninsured seller will turn around and sue you if they are sued byRead More

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The Big Picture: You May Owe More Than Just Your Deductible

Real Estate E & O covers attorney’s fees and damages, after you’ve paid your applicable retention (out-of-pocket claims expense).  However, there are many more expenses associated with a claim that are not classified as attorney’s fees or damages. Also, Disciplinary Hearings, volunteer work for a Board or other Not-For-Profit can result in legal expenses notRead More

Arizona Realtors®: Even if your real estate firm has E&O, you can still be responsible for attorney fees and damage… https://t.co/hnxoEUZx0P Real Estate Pros - Are you looking for a way to sell your listings faster, at a higher price, and reduce out-of-poc… https://t.co/AVTQRjRcGq