Iowa Real Estate Errors and Omissions Insurance — Superior Protection, Exceptional Value

Iowa Licensees: Choose $400,000 More Total Coverage — and up to 20X More Protection — from 3 E&O Plans

Each Iowa Errors and Omissions plan is designed to give you FAR better protection than the state group plan, based on your transaction volume . . .

✅ Base Protection Plan — for those with no transactions in the last 12 months from activities requiring a real estate license:
$100,000/$500,000 coverage – from $67

✅ Superior Protection Plan — with $400,000 more total coverage than the state group plan, and up to 20X more protection in individual coverage areas:  $100,000/$500,000 coverage – from $124

✅ Platinum Protection Bundle — higher limits with our most popular options at a bundled price: $500,000/$500,000 or $1 million/$1 million coverage – from $260 or $360

Any way you look at it, CRES is just a better value than the “Minimal Coverage, Higher Price” state group plan. Every real estate professional in Iowa is required to have errors and omissions insurance, so why not get Superior Protection at an Exceptional Value with CRES?

CRES individual plans are appropriate for real estate agent errors and omissions insurance and real estate broker errors and omissions insurance in Iowa.

$400,000 More Total Coverage — Up to 20X More Protection in Individual Coverage Areas

Every CRES E&O plan is guaranteed to meet 100% of Iowa requirements (per the Iowa Real Estate Commission), and includes our highly rated Pre-Claim Legal Services. Are you going to spend another year with the “Minimal Coverage, Higher Price, No Legal Help Until You Have a Claim” of the state group plan?

Base Protection Plan and Superior Protection Plan                        The State Group Plan

• Environmental (including mold) to $100,000                                                                             vs $10k (10X less coverage)
• Lockbox Property Damage to $100,000                                                                                      vs $5k (20X less coverage)
• Escrow Disputes to $100,000                                                                                                            vs $5k (20X less coverage)
• Data breach notification up to $50,000                                                                                       vs $5k (10X less coverage)
• Agent-Owned Property Sales of Vacation/Rentals                                                                   vs Primary residence (or Extra $30)
• Conformity (for other states where you’re licensed)                                                                  vs Extra $20
  
• Disciplinary Hearings to $20,000 per incident                                                                          vs $2.5k (8X Less coverage)
• Subpoena coverage to $30,000                                                                                                       vs $2.5k (12X Less coverage)
• Firm and Franchise coverage                                                                                                              vs Same

Optional coverage:

• Fair Housing/Discrimination Damages and Defense to policy limits ($500,000) – just $8
• $100,000 Open House and Showings coverage – just $8
• $250,000 Open House and Showings coverage – just $12
• Seller’s E&O Protection Plan – just $5
• Defense Outside the Limits (separate limit for defense costs) – just $8
• First Dollar Defense (no out-of-pocket when just defense costs) – just $6
•  $500,000 Environmental (including mold) – just $4

Platinum Protection Bundle includes all coverage above and adds all options:

• Seller’s E&O Protection Plan. Give every potential seller this unique protection to help you win listings
• $250,000 Open House and Showings coverage
• Fair Housing/Discrimination Damages and Defense to policy limits ($500,000 or $1 million)
• $500,000 Environmental (including mold)
• Defense Outside the Limits
• First Dollar Defense

Upgrade to CRES’ Superior Protection, Exception Value, and Pre-Claim Legal Help . . .

One low rate covers all activities for which a real estate license is required.

Your CRES Real Estate E&O + ClaimPrevent® includes our highly rated Pre-Claim Legal Services.  Local expert real estate attorneys can address questions, write or review letters and addendums, review contracts, and more — to help you actually PREVENT claims. Get a guaranteed response within 4 hours or by next business day, with recommendations confirmed in writing!

• PLUS, our Iowa E&O has ALWAYS included Prior Acts coverage for as long as you’ve maintained continuous E&O coverage (no Tail or ERP coverage needed)

Enjoy Extensive Coverage at an Exceptional Value — and Valuable Extras 

• 25 Free CRES Building Permit History Reports (a $99.95 value), included with your policy each year, with discounted pricing on additional reports. A CRES Exclusive
• Discounts to Office Depot®, Constant Contact® Email, Lenovo® PC Products, UPS® shipping, even Bekins® and Wheaton Van Lines moving discounts you can offer to your clients.

CRES is a FAR better protection option than the state group policy for most licensees in Iowa — and has been for more than 25 years.

As required by IPLB, our policies cover all real estate activities requiring a license.  We can cover your appraisal and transaction coordination activities under separate E&O plans.

You may be eligible even if you have past complaints or claims. Enrolling online is now faster and easier.