Iowa Real Estate Brokerage Errors & Omissions Insurance:
Superior Coverage, Exceptional Value, Pre-Claim Legal Help
More Extensive Real Estate E&O Protection that You Control
- Superior Protection overall up to $3 million
- Broader coverage with higher limits in critical risk areas
- Expert Legal Services Pre-Claim to help resolve issues
CRES has specialized in protecting real estate brokerages for 25 years with Business Owner’s Policies, Cyber Liability Policies, Workers’ Compensation Insurance, and Surety Bonds.
Your Agents’ Minimal Real Estate E&O Coverage Could Put Your Brokerage in Danger
When you rely on the minimum-coverage real estate Errors and Omissions policies of your agents, you put the safety of your real estate brokerage at risk.
- Would you let your agents choose the other types of insurance you need to protect your business? Of course you wouldn’t.
- When your agents choose the state group E&O program, your business is forced to rely on those bare-bones policies for protection.
More Iowa real estate brokerages are choosing the superior protection of a CRES company E&O policy.
You’ll enjoy up to $3 million in protection – plus broad coverage and higher limits in individual coverage areas.
We’re part of one of the largest insurance brokers in the world, and we’ve done the shopping for you – from:
- Office policies to cover everyone, or
- Excess policies that add additional coverage on top of your agents’ policies.
Every CRES E&O plan (always through an A-rated carrier) includes:
- Our guarantee to meet 100% of all Iowa requirements
- Coverage for prior transactions for your agents while they work for you, and your E&O coverage is continuous – no need for Tail (ERP) coverage.
- Highly rated Pre-Claim Legal Services (a service we pioneered; the state group plan won’t help until you have a claim.)
We can help you choose the right protection for your business. Get a quote online or contact us at 800-880-2747 to help customize your policy.
Learn more about the differences in benefits of having a company E&O policy
Are you looking for a Iowa real estate errors & omissions plan for an individual agent?
Which Iowa Real Estate Errors & Omissions Plan is Best for You?
1. Choose an Office policy to protect all of your licensees and employees, or
2. Choose an Excess policy and have your licensees purchase their own E&O (from CRES or anyone they choose).
We can help you decide what best meets your needs.
Real Estate E&O Office Policy
- Protection from $1,000,000 up to $3,000,000 limits (far more protection than any individual licensee could obtain)
- Includes broad protection and higher limits in individual coverage (endorsement) areas
- Retention (out-of-pocket claims expense) from $1,000 to $100,000
E&O Excess Policy
- Sits above your licensees’ limits to extend your protection to a full $1 million -$3 million in coverage
- No additional out-of-pocket claims expense once the licensee’s retention has been paid
- Fixed annual premium
- Adds coverage for ex-licensees and employees
Revenue under $1 Million: Get a Quick Quote
* Seller’s E&O coverage and other benefits are feature-based and warranty specific. The E&O Retention (Out-of-Pocket Claims Expense) Reduction applies to any real estate licensed Real Estate Services Council Risk Purchasing Group, LLC. (“RESCRPG”) member who personally pays for the Home Warranty Plan. These benefits are offered by, and intended for, the members of RESCRPG. RESCRPG membership is part of your CRES E&O policy. Other warranties may also qualify for an E&O Retention Reduction, but only those warranties listed here are guaranteed to qualify. Not available in all states. Certain restrictions apply. Read each policy for a full comparison of coverage and benefits. All coverage is subject to Underwriting and other qualifications.