Errors and Omissions Insurance for Real Estate Professionals
Real estate professionals need errors and omission insurance because they are exposed to the risk of being sued by their clients. Errors and omissions insurance (E&O) is a professional liability insurance that protects real estate agents, brokers or appraisers against claims made by clients for inadequate work or negligent actions. Have you protected your business against financial loss if a customer sues you?
With General Star and RealProEandO (powered by Mercer Consumer, a service of Mercer Health & Benefits Administration LLC**) ("Mercer Consumer") you get an insurance product designed specifically for real estate professionals and appraisers. In the current litigious real estate industry, the right errors and omissions insurance can make the difference between a minor hassle and financial ruin.