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Rhode Island Real Estate Errors and Omissions Insurance

8 to 40 Times More Protection — from $110 for One Year

Renew by April 30, 2022

  • Expert Legal Services 7 days a week to help you resolve issues
  • 25 Free Building Permit History Reports to show buyers the permits on a property
CRES Rhode Island Real Estate E&O                                          versus The Competition
$100,000/$500,000 Coverage $100k/$500k
Pre-Claim Legal Services 7 days a week No help pre-claim, or limited
$100,000 for Lock Box Property Damage (20x the coverage!) $5k/$10k
$100,000 Environmental/Pollution/Mold (40x the coverage at no extra cost!) Add $30 for $2.5k/$5k
$50,000 Data Breach Notification Coverage Not Offered
$30,000 Subpoena coverage (6x the coverage!) $5k
$20,000 – $50,000 Disciplinary Hearings coverage (8x the coverage, no extra cost!) Add $30 for $2.5/5k
Agent-Owned Property Sales of Vacation/Rental Properties up to fourplex (with requirements) Not Covered

Just $110 for a one-year policy.  Rhode Island Department of Business Regulation (RIDBR) requires only a one-year E&O policy, so why pay more?

And now, you won’t pay extra to cover any activities for which a real estate license is required.

Your CRES Real Estate E&O + ClaimPrevent® includes PRE-CLAIM access to local expert real estate attorneys available 7 days a week – for questions, writing or reviewing letters and addendums, contract review, and more — to help you actually PREVENT claims. It also includes . . .

  • Conformity Endorsement coverage — if you’re a Rhode Island resident, this endorsement amends your Rhode Island policy to conform to E&O requirements of other states where you hold a valid real estate license.
  • 25 Free CRES Building Permit History Reports (a $99.95 value), included with your policy each year, with discounted pricing on additional reports. Save $1000 on your out-of-pocket claims cost when you provide a Permit to the buyer.  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.
  • PLUS, our Rhode Island E&O has ALWAYS included:  no out-of-pocket costs when a claim has only Defense costs (“First Dollar Defense”), Firm and Franchise Coverage, and Prior Acts coverage for as long as you’ve maintained continuous real estate E&O insurance (with any company).

With CRES, You Get Significantly More Coverage — and More Extras!

CRES is a FAR better protection option than what the competition offers for most licensees in Rhode Island. And we guarantee that a CRES E&O policy will meet or exceed 100% of RIDBR requirements.

You may be eligible even if you have past complaints or claims.

As required by RIDBR, our policies cover all real estate activities requiring a license.  Our online enrollment process is now simpler. Try it out!  (Cover your Appraisal or Transaction Coordinator activities with a separate policy.)

Optional Coverage

$25,000 Seller’s E&O Protection Plan gives potential sellers unique protection 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

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

Defense Costs Outside the Limit – just $8

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

*Pricing comparison as of 1-31-22 and shows comparisons between the CRES base per-claim coverage and the competitor’s base coverage.  Read each policy for a full comparison of coverage and benefits. Certain restrictions apply. All coverage is subject to Underwriting and other qualifications.

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