Real Estate Professional Indemnity Insurance
What is Real Estate Insurance?
- Real Estate Insurance protects property owners, landlords, and real estate professionals from various risks including property damage, liability, and financial loss.
Types of Coverage
Negligence
- Covers claims resulting from mistakes or failures in providing professional services, such as misrepresenting property details or failing to follow client instructions.
Errors and Omissions
- Provides protection for claims arising from errors or omissions made during the performance of professional duties.
Breach of Duty
- Covers claims for failing to meet professional standards or contractual obligations.
Legal Defense Costs
- Covers the cost of legal defense, including attorney fees, court costs, and settlements.