What factors affect the cost of my policy?

Your policy’s rating can be affected by Average Sales Price, Number of Agents, Location of office, Gross Commissions reported, Claims reported, Years insured, and Professional Services rendered. There are additional rating factors that can cause an increase or decrease in premium.

In many cases, CRES Real Estate E&O + ClaimPrevent® policies offer 2 to 5 times the per-claim coverage of other policies.  And CRES coverage is broader and much more extensive — you’re covered for a wider range of specific-to-real-estate situations.

Every CRES policy includes Legal Advisory Services 7 days a week, with expert real estate defense attorneys on call to help you resolve situations.

Compare any other real estate E&O policy to a CRES E&O + ClaimPrevent® policy.  You’ll usually discover that CRES gives you far superior coverage for the price — and is a tremendous value.

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.

Originally Published January 5, 2017

Leave a comment.

Real estate brokers: do you really know what your agents are doing? Claims are on the rise due to agents’ “hidden”… https://t.co/VfBklIV9yI Give your sellers a CRES Qualified Home Warranty from First American. This includes 14 SEER compatibility, no cap o… https://t.co/X4pX5u66tZ