skip to Main Content

Louisiana Real Estate Errors and Omissions Insurance

3 New Louisiana E&O Options to Revolutionize Real Estate E&O


  • Base Protection plan:  from $70*
  • Superior Protection plan: from $125
  • Platinum Protection Bundle: from $264
CRES Louisiana 2023 Real Estate E&O                                                       versus State Group Policy
$100,000/$500,000 limits $100k/$300k
Pre-Claim Legal Services 7 days a week No help pre-claim with State Plan
$100,000 Lock Box Property Damage (20x more coverage!) $5k/$10k
$100,000 or sales price (whichever less) for Pollution/Mold (10x more coverage!) $10k/$20k
$50,000 Cyber coverage (10x more coverage!) $5k
$30,000 Subpoena coverage (12x more coverage!) $2.5k/$2.5k
$20,000 – $50,000 Disciplinary Hearings coverage (8x more coverage!) $2.5k/$5k

RENEW BY 9/30/22 for 2023

Now, one rate covers all of your activities for which a real estate license is required!  

CRES Real Estate E&O + ClaimPrevent® gives you 3 new options that will completely change Louisiana E&O:

  • Base Protection plan – if you have no transactions in the last 12 months requiring a real estate license – from $70!*
  • Superior Protection plan – $100,000/$500,000 limits ($200,000 MORE coverage than the state group policy) – from $125
  • Platinum Protection Bundle – $500,000/$500,000 or $1 million/$1 million limits, includes all coverage options – from $264

Every plan includes Pre-Claim Legal Services 7 days a week to help prevent everyday issues from escalating into lawsuits.  You’ll have access to local expert real estate attorneys for questions, writing or reviewing letters and addendums, contract review, and more.

Every plan meets or exceeds the “bare bones” coverage of the state group plan (by 10 to 20 times!) and includes:

  • Team/Non-Licensed coverage
  • Conformity Endorsement coverage — this amends your Louisiana E&O policy (for Louisiana residents), so that it also conforms to any E&O requirements in other states where you hold a valid real estate license.
  • Firm and Franchise Coverage
  • Prior Acts coverage for as long as you’ve maintained continuous real estate E&O insurance (with any company).

Get an Incredible Amount of Coverage + More Included Extras 

CRES is a FAR better protection choice than the state group policy for most licensees in Louisiana — and has been for more than 25 years.  And CRES E&O is guaranteed to meet or exceed all LREC requirements.  

Optional Coverage

Seller’s E&O Protection Plan gives potential sellers $25,000 in protection to win you listings – just $5

$100,000 Open House and Showings coverage for bodily injury and property damage – just $8

Fair Housing/Discrimination Damages and Defense (to policy limits of $500,000) – just $8

Agent-Owned Property covers vacation and rental properties up to four-plex – just $4

Defense Costs Outside the Limits – just $8

$500,000 Pollution/Environmental (including mold) – just $4


You may be eligible for CRES E&O even if you have past complaints or claims.

CRES policies cover all real estate activities requiring a license, as required by LREC.  Enrolling online is now simpler! (Cover your Appraisal or Transaction Coordinator activities under a separate policy.)

We worked with LREC to account for the new LREC Independent Coverage verification form. Upon purchasing a policy, you will receive a separate email from us with your Declarations page and an already completed LREC Independent Coverage form. Sign the form and fax both documents to LREC. LREC will collect your $7 fee as part of your online license renewal, so there is no longer a need to mail them your forms or a check.

* Our $70 pricing has been submitted to the Louisiana Department of Insurance for review. It will be available once approved, which could be after 8/1. Comparison as of 6-27-22 based on base policy cost for licensees performing activities requiring a license.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.

Back To Top