Who needs coverage within a real estate business – firm, broker, agent?

Everyone should have coverage when transacting Real Estate Sales, Appraisal, Property Management, or Mortgage business. The following is a breakdown of who and what is covered under each entity form:

Firm: Firm, Broker, Agent and all employees
Broker: Broker, Agent
Agent: Agent

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

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