Wyoming Real Estate Errors & Omissions (E&O) Insurance
Deadline to Renew: December 31, 2020
4 to 10 Times the Real Estate Specific Protection in These Key Areas
| CRES E&O versus | State Plan |
|---|---|
| $100,000/$500,000 | $100k/$500k |
| Pre-Claim Legal Services 7 days a week | No help pre-claim with State Plan |
| $100,000 Lock Box Property Damage | $100k/$300k |
| $100,000 Environmental/Pollution/Mold (10x the coverage!) | $10k/$20k |
| $50,000 Data Breach | Not offered with State Plan |
| $30,000 Subpoena coverage (6x the coverage!) | $5k |
| $20,000 – $50,000 Disciplinary Hearings coverage (4x the coverage!) | $5k |
| Sale of Agent-Owned Vacation/Rentals to fourplex | Limitations with State Plan |
Your CRES Real Estate E&O + ClaimPrevent® 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. (We guarantee response within 4 hours or by next business day, with recommendations confirmed in writing!)
And now, one rate covers all of your activities that require a real estate license. Also included . . .
- Team/Non-Licensed Assistant coverage
- Conformity Endorsement coverage — if you’re a Wyoming resident, this endorsement amends your Wyoming policy to conform to E&O requirements of other states where you hold a valid real estate license.
- PLUS, our Wyoming policies have ALWAYS included: No out-of-pocket costs for claims where only attorney fees are due (“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’ll enjoy AN INCREDIBLE AMOUNT OF COVERAGE – and MORE INCLUDED SERVICES:
- 25 Free CRES Building Permit History Reports (a $99.95 value), included with your policy each year, with discounted pricing available on additional reports. Provide one to a buyer (see them right on your phone) and eliminate your out-of-pocket claims costs (a $1,000 savings)! A CRES Exclusive
CRES is a FAR better protection option than the state plan for most licensees in Wyoming. CRES E&O is guaranteed to meet or exceed all WREC requirements.
As required by WREC, our policies cover all real estate activities requiring a license. You may be eligible even if you have past complaints or claims.
Our enrollment process online is now simpler!
*Comparison as of 10-15-20 based on base policy cost for licensees performing activities requiring a license. Read each policy for a full comparison of coverage and benefits. All coverage is subject to Underwriting and other qualifications.
Low Cost Optional Coverage
| Defense Outside Limits | Add $9 |
|---|---|
| Seller’s E&O Coverage | Add $6 |
| “Open House/Showings”, Bodily Injury and Property Damage | Add $9 |
| Pollution/Environmental Coverage ($500K) | Add $5 |
| Fair Housing/Discrimination Defense and Damages Coverage to Limits | Add $9 |
| Cyber Liability Expanded Coverage | Add $35 |