Under the policy of a Corporation, S-Corp, or LLC, the firm as an entity is covered as a named insured.
Under the firm, the principal broker and any agents “hanging” their license under the firm’s license are covered for any E&O claim.
This blog/website is made available by CRES Insurance Services for educational purposes to give you general information and understanding of legal risks and insurance options, not to provide specific legal advice. This blog/website should not be used as a substitute for competent legal advice from a licensed professional attorney in your state. Claims examples are for illustrative purposes only. Read your policy for a complete description of what is covered and excluded.
Give your sellers a Qualified Home Warranty from First American. This includes 14SEER compatibility, no cap on HVAC… https://t.co/VqI1y59YGPIf you're selling property in an unfamiliar area, you may miss critical information that could have an impact on a… https://t.co/DIAJ4gRCKo