SOLUTIONS
Is your revenue $600,000 or less?
You may qualify for Express Texas Real Estate E&O Coverage
FOR REVENUE $600,000 OR LESS . . . SEE IF YOU QUALIFY BELOW
Our NEW Express Real Estate E&O Coverage is for real estate brokerages doing business in Texas with $600,000 or less in annual revenue and 25 or fewer licensees.
For revenue more than $600,000, or if you don’t meet the criteria below, get a Quick Quote
Your brokerage qualifies for Express Real Estate E&O Coverage when:
- Your annual revenue is $600,000 or less
- Your company has 25 or fewer licensees
- You’ve had no claims or policy cancellation/declination (other than non-payment) in the past 5 years
- You are not involved in business brokering, syndications, development of property or exclusive listing agreements with a builder or developer
- You are doing business in Texas
Choose your coverage (up to $1 million/$1 million) and retention level ̶ for real estate sales only (includes coverage for residential, commercial, and land sales). Add optional Property Management coverage and/or optional Mortgage Brokering coverage.
Less than 25% of your revenues must be from Property Management and/or Mortgage Brokerage activities to qualify.
Your Express Real Estate Errors & Omissions plan includes our most popular coverages, from $595:
- Pollution/Mold ($100,000)
- Discrimination/Fair Housing Indemnity and Defense
- Open House & Showings for residential sales ($100,000)
- Agent-Owned Property Sales including rental properties
- Broad Form” with Subpoena, Disciplinary Proceedings, Loss of Earnings, Public Relations, Data Breach ($50,000), and Non-Profit Directors and Officers coverage.
- Covers your real estate company, employees, and agents
- Covers prior transactions for as long as you’ve maintained continuous E&O coverage with us or another E&O company.
Includes our highly rated pre-claim legal services from expert attorneys to answer questions, write letters, review addenda, and more.
CRES is your Texas REALTORS® Risk Management E&O Partner.