What’s included with a CRES Real Estate E&O + ClaimPrevent® Policy:

The details of an E&O policy are so important, yet people rarely read the fine print until after a claim is filed. A CRES real estate E&O + ClaimPrevent® policy includes important essential standards plus exclusive features in our base policies — often at a lower price than policies with less coverage. Here’s a quick summary of what’s typically included with our policies*:

  • ClaimPrevent® Legal Advisory Services. Access 7-days a week to our team of local real estate litigation attorneys for phone consultations, document review, letter writing and more to help you resolve issues early to prevent them from becoming claims.
  • Lock Box. Property damage and bodily injury related to your lockbox.
  • REOs and Short Sales. Some policies restrict or exclude these sales. If you list REOs, you may want to also have Property Management coverage.
  • Firm and Franchise Coverage.  Includes Firm and Franchisor as Additional Insured.
  • Escrow Disputes. 
  • Team/Non-Licensed Assistant Coverage.
  • Prior Acts. Coverage for all prior transactions, while you have had continuous E&O coverage. (If you have had gaps in coverage, see FULL Prior Acts coverage under CRES Extras below.)
  • Cyber Liability (Notification Coverage)*. Up to $50,000 in coverage to hire experts and notify clients of data breach. This is included with Broad Form coverage.

Because your CRES E&O + ClaimPrevent® policy will be customized for your activities, your base policy can include:

  • Commercial Sales/Leasing/Property Management. Covers your commercial real estate activities.
  • Residential Leasing/Property Management. Covers licensed and unlicensed activities.


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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