Does the real estate E&O policy cover my prior transactions?

CRES includes Prior Acts coverage as a standard feature to cover past closings, as long as you have had continuous E&O insurance coverage with us or any insurance company.

If general, if you had coverage under a firm’s policy, and you changed firms, you would need to have an individual E&O policy in place before you made the change to ensure continuous coverage.

If you’ve had gaps in E&O coverage or no E&O coverage, we’re the only company that goes a step further to offer optional FULL Prior Acts coverage for ALL past transactions — even if your business doesn’t currently have an E&O policy. That’s security! (See our CRES Extras below).

Learn more about the CRES Full Prior Acts option.

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 February 17, 2017

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