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Real Estate

Errors and Omissions Insurance

Professional Liability Insurance - sometimes referred to as Errors and Omissions (E&O)-provides financial protection from damages and expenses (such as legal fees and court costs) arising out of allegations of the negligent acts, errors, or omissions by:

  • Residential Real Estate Agents/Brokers
  • Commercial Real Estate Agents/Brokers
  • Leasing Agencies
  • Property Managers
  • Real Estate Appraisers1
  • Real Estate Auctioneers
  • Real Estate Consultants
  • Property Preservationists

1Appraiser revenue cannot exceed 10% of total revenue. For 100% Appraisers, click here for our Real Estate Appraiser Program. If your Appraiser revenue exceeds 10%, but is below 100% please contact us today!

With our in-house underwriting capabilities, we offer one of the most competitively priced and comprehensive Real Estate Broker E&O policies available in the insurance industry today.  Coverage is written through an A (Excellent) rated carrier.

The financial impact of an E&O suit on a company can be devastating and can potentially wipe out corporate and personal assets.  Even if the allegations prove to be groundless, you could still incur substantial legal defense costs.  Fox Point Programs is here to help.

Fox Point offers:

  • Multiple Limit and Deductible options*
  • Defense Outside the Limits*
  • Optional General Liability insurance available

*Some restrictions may apply

Claim Scenario:

A real estate agent represented sellers in the sale of their residential property. A few months after the sale, there was a heavy rainstorm and the buyers discovered a large leak that was previously undisclosed and covered by paint. The buyers sued both the sellers and the real estate agent, since the disclosure document did not mention any water issues.

Relevant Applications

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