Mississippi Real Estate Errors and Omissions Insurance

New Real Estate Errors and Omissions Plans for Mississippi – Up to 20X More Protection from $64

All real estate professionals are required to have Errors and Omissions insurance in Mississippi. You can take advantage of 3 new E&O coverage plans — each with far more protection than the state group plan, and each for a great price . . .

✅Base Protection Plan – for those with no revenue for the last 12 months from activities requiring a real estate license.

$100,000/$500,000 coverage – from $64

✅Superior Protection Plan – Up to 20X more protection in individual coverage areas.

$100,000/$500,000 coverage – from $117

✅Platinum Protection Bundle – Highest per-claim and overall limits, all optional coverages at a bundled price, plus up to 20X more protection in individual coverage areas.

$500,000/$500,000 or $1 million/$1 million coverage – from $260 or $360

All CRES Plans                                                                                         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 NOT included
• Subpoena coverage to $30,000                                                                                              vs $2.5k (12X Less coverage)
• Disciplinary proceedings coverage to $20,000                                                                vs $2.5 (8X Less coverage)
• Agent-Owned Property Sales of Vacation or Rental Homes                                         vs Primary residence (or Pay Extra)
• Conformity for other states where you’re licensed                                                             vs Not included (or Pay Extra)
• Pre-Claim Legal Help                                                                                                                      vs No Help Pre-Claim
• Firm/franchise coverage                                                                                                                vs same
• First Dollar defense                                                                                                                           vs same

Optional Coverage

• $25,000 Seller’s E&O Protection Plan protects sellers  for 180 days after closing, and helps you win listings – just $5
• $100,000 Open House and Showings coverage gives you protection for bodily injury and property damage – just $8
• $250,000 Open House and Showings coverage – just $11
• $500,000 Fair Housing/Discrimination Defense and Damages – just $8
• $500,000 Environmental/Pollution (including mold) – just $4
• Defense Costs Outside the Limits – just $8

Platinum Protection Bundle includes ALL coverages above, and adds all of the options:

• $500,000/$500,000 or $1 million/$1 million coverage limits
• Pollution/Environmental (including mold) to policy limits ($500,000 or $1 million)
• Open House and Showings coverage to $250,000
• Fair Housing/Discrimination Defense and Damages to the policy limits
• Sellers Protection Plan to $25,000 to help you win more listings
• Defense Outside the Limits (adds an additional limit to cover defense costs)

One low rate covers all of your activities that require a real estate license.

• CRES Real Estate E&O + ClaimPrevent® includes access to local expert real estate attorneys.  You’ll have a resource for questions, writing or reviewing letters and addendums, contract review, and more — to help you actually resolve issues and PREVENT claims.
• Conformity Endorsement coverage  — for Mississippi residents, this endorsement amends your Mississippi policy to conform to E&O requirements of other states where you hold a valid real estate license.
• PLUS, our Mississippi E&O has ALWAYS included:  No out-of-pocket costs when only defense costs are incurred (“First Dollar Defense”), and Prior Acts coverage for as long as you’ve maintained continuous real estate E&O insurance (with any company).

Get SO MUCH MORE PROTECTION – plus valuable extras – with CRES:

• Give your sellers $25,000 in Seller’s E&O with a CRES Qualified Home Warranty from First American Home Warranty.* Learn more about winning listings with Seller’s Protection Plan
• 25 Free CRES Building Permit History Reports (a $99.95 value), included with your Mississippi policy each year, with discounted pricing available on additional reports. A CRES Exclusive
• $1,000 retention (out-of-pocket claims cost) can be eliminated by giving a CRES Qualified Home Warranty or Building Permit History Report to the buyer. And there is never an out-of-pocket cost when a claim only incurs defense costs (“First Dollar Defense”).
• 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 includes FAR better protection than the state group policy — and has for more than 25 years. We guarantee to meet or exceed all Mississippi state requirements.You may be eligible for CRES E&O even if you have past complaints or claims.

As required by MREC, our policies cover all real estate activities requiring a license. (Cover your Appraisal or Transaction Coordinator activities in a separate policy.)

Try our new simplified enrollment process today.