Rhode Island Individual Mandatory Real Estate E&O Insurance

Deadline to Renew: April 30, 2020

Starts at just:


(Rhode Island now only requires a 1-year policy, so why pay more during this challenging time?)

Enjoy these included CRES Exclusives:

  • Superior Coverage — $500,000/$500,000 Limits versus $100k/$500k for the state program — that’s 5 times the per-claim coverage
  • Extensive specific-to-real-estate coverage – to address your unique daily risks
  • Legal Advisory Services — access to on-call local attorneys 7 days a week for questions, letters, contract review
  • 25 Free Building Permit History Reports each year

Guaranteed to meet all state requirements. Plus, CRES E&O + ClaimPrevent® far EXCEEDS what the state program includes. It’s the smart way to protect yourself — and reduce your upfront costs this year.

5 Times the Coverage Per Claim – 4 to 100 Times the Protection in These Key Areas — and less cost to you!

CRES State Program*
$500,000/$500,000 limits $100k/$500k
Legal Advisory Services included 7 days a week No help pre-claim, or limited
$500,000 policy limit for Lock Box Property Damage $5k/$10k
$100,000 Environmental/Pollution/Mold Not included
$50,000 Data Breach Notification Coverage Not Offered
$30,000 Subpoena coverage $5k
$20,000 – $50,000 Disciplinary Hearings coverage $5k
Agent-Owned SFRs to fourplex Limitations

Just $106 for a one-year policy.  Rhode Island Department of Business Regulation (RIDBR) requires only a one-year policy, so why pay for more during this challenging economic time?

Note: even though the Rhode Island DBR renewal deadline has been extended until May 31, the E&O deadline remains at 4/30. Be sure to renew your real estate E&O by 4/30 to ensure you have continuous E&O coverage for prior transactions.

With CRES, you can gain more listings and boost commissions with Seller’s E&O — invest just an additional $5. Your first additional listing will pay for your entire year’s E&O! 

  • Get $500,000 individual claim coverage — 5 times more than the state program!* You’ll have $500,000 total policy coverage ($500,000/$500,000), plus a separate $500,000 limit for defense costs.
  • Included Legal Advisory Services 7 days a week to help prevent small issues from turning into lawsuits.
  • Lock Box Property Damage to your policy limit (the state program covers $5k* per claim) – that’s 100 times the coverage!
  • $100,000 in Environmental protection, including Pollution and Mold (a growing area for claims) — the state program doesn’t include this coverage unless you pay extra.
  • $50,000 in Cyber Liability coverage for client notification costs due to a Data/Security Breach (compared to $20k* with the state program). As a real estate agent, hackers and scammers are targeting you, and we want you to be protected.  (Add up to $50,000 optional Cyber Damages and Defense coverage for $35.)
  • $30,000 in subpoena coverage – versus $5k* per incident with the state program – 6 times the coverage!
  • $20,000-$50,000 per enrollment period for Disciplinary Proceedings assistance – versus $5k with the state program* – at least 4 times the coverage!
  • Agent-Owned Property coverage for SFRs up to fourplex – versus personal residence and percent of ownership limitations with the state program.
  • Conformity Endorsement coverage – if you are 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 available on additional reports. Save $2500 on your out-of-pocket claims cost when you provide a Permit to the buyer.  A CRES Exclusive


CRES is a FAR better protection option than the state program for most licensees in Rhode Island. We know the risks when you primarily perform residential real estate services – that’s why we include higher limits and more relevant coverage to cover your risks.

Your CRES Real Estate E&O + ClaimPrevent® policy includes 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.

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 base pricing is for Residential services. If you have received compensation for Commercial services in the past 12 months just add $22.

Renew Your Policy

Quote and Buy Now

*Pricing comparison as of 3-20-20 and shows comparisons between the CRES base per-claim coverage to the states $500k per-claim coverage and the state base coverage. Savings quoted are for individual licensees who only perform Residential Real Estate Sales, additional activities may be extra. Read each policy for a full comparison of coverage and benefits. All coverage is subject to Underwriting and other qualifications.

Renew Your Policy

Quote and Buy Now

Low Cost Optional Coverage

Seller’s E&O Coverage Add $5
Pollution/Environmental Coverage ($500K) Add $4
Open House/Showings Coverage Add $8
Fair Housing/Discrimination Defense and Indemnity Add $8
Increase Limits to $1M/$1M Liability Add $15
Mortgage Broker Add $4
Appraiser Add $8
Cyber Liability Expanded Coverage Add $35
Defense Outside Limits Add $8

CRES vs. State Program

Watch our video to learn why you get more for less with CRES. Watch our video to learn why you get more for less with CRES.

Video Transcript

Get More Information