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E&o insurance real estate colorado. Licensees can be covered under their companys umbrella EO policy. Colorado Insurance Broker Inc. Get a Quote Online Today.

EO Insurance Not all Policies are the Same Q What are the requirements for errors and omissions EO insurance for real estate brokers in Colorado. A Commission Rule D-14 states. The Division has contracted with Rice.

CRES customized Real Estate EO Insurance ClaimPrevent gives you more extensive and specific-to-real-estate-risks coverage plus a suite of services to help keep you out of legal trouble DAILY. PLUS our Colorado policies have ALWAYS included. 1221 South Clarkson Street ste 219 Denver CO 80210 Get Map Phone.

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Every active real estate licensee including licensed real estate companies with more than one broker shall have in effect a policy of errors and omissions insurance to cover all acts requiring a license. Colorado now requires a minimum of 100000 in EO professional liability insurance coverage per licensed mortgage broker for each covered claim. In addition to EO insurance mortgage loan originators are required to have a surety bond in compliance with Board Rule 219.

Effective January 1 2021 the surety bond requirements are codified in Rule 26 Appraisal Management Companies must post a 25000 surety bond with the Board of Real Estate Appraisers in compliance with Board Rule 1714. Discover what hundreds of thousands of real estate pros nationwide have discovered since 1996. No out-of-pocket costs for claims where only attorneys fees are paid First Dollar Defense Firm and Franchise coverage and Prior Acts coverage for as long as youve maintained continuous real estate EO insurance with any company.