Here are some examples of how a professions level of risk can impact the cost of EO coverage.

How much is e and o insurance for realtors. You can purchase your insurance coverage through MyWeb. Get Insurance Quotes From AUs Leading Brands in Mins. Anuncio Why Go Elsewhere.

So if your business has 50 employees you can estimate your errors and omissions premium to be between 25000 and 50000 per year. The basic premium is 148 for 100000 per claim300000 aggregate. Real estate professionals such as agents and appraisers pay a median premium of 665 per year.

351 The errors and omissions insurance required in respect of a business that holds a certificate of authority other than a restricted certificate must provide coverage of at least 500 000 per claim with a maximum policy payout for all claims of 2 000 000 in a policy year and the policy must be issued in the name of the business and the insurance must provide coverage for the employees and independent. Please note that many LendersFinancial Institutions have minimum limit requirements of 5000001000000 for real estate professionals who do work for them. Colorado Association of REALTORS Williams EO Insurance 21457 page-template-defaultpagepage-id-21457edgt-core-10ajax_fadepage_not_loadedcolorado association of realators-child-ver-100hudson-ver-15 vertical_menu_with_scrollsmooth_scrollblog_installedwpbdp-with-button-styleswpb-js-composer js-comp-ver-603vc_responsive.

Many real estate brokers sell EO insurance to their sales agents as part of a larger package of services. How to make your Insurance Payment. Get Insurance Quotes From AUs Leading Brands in Mins.

CRES retention options start at 2500. We also offer all other business coverages that Arizona real estate professionals might need such. You must purchase EO insurance PRIOR to performing any professional service.

Per-Transaction Real Estate EO policies may have higher minimum retention or out-of-pocket claims expense options than traditional EO annual premium policies. Based on the quotes we got from the 2 companies that we recommended above the real estate EO insurance cost is in the range of 30-60 a month. Agents dont always think about the chance of a lawsuit when theyre just starting out or signing with a firm so they may not purchase the deal.