Work in real estate involves large transactions – which can mean major consequences if something goes wrong. Business insurance protects agents and brokers from the financial impact of property listing errors, damage to a client's home, and other costly accidents.
From agencies to brokerages, we'll recommend the right policies for your small business. Fill out Insureon's easy online application to get started.
Have questions? Our licensed agents will help you every step of the way.
These policies cover common risks faced by real estate agents and brokers.
This policy covers basic real estate agent and broker business risks, including customer injuries. Bundle with property insurance for savings in a business owner’s policy.
E&O insurance is also called professional liability insurance. It covers legal fees for lawsuits related to mistakes and oversights, such as an error in a property listing.
Most states require workers' comp for real estate agencies and brokerages that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
This policy bundles property insurance and general liability insurance under one plan. A BOP is one of the most cost-effective types of commercial insurance for agents and brokers.
This insurance policy is required for business-owned vehicles. It typically pays for damages and injuries in an accident, along with vehicle theft, weather damage, and vandalism.
A cyber liability policy helps real estate brokers and agents survive data breaches and cyberattacks. It covers client notification costs and other expenses related to a data breach.
An independent real estate agent will pay less for insurance than a large agency with a dozen Realtors.
Factors that affect the cost of real estate business insurance include:
It’s easy to get insurance coverage as a real estate agent or broker if you have your business information on hand. Our insurance application will ask for basic facts about your business, such as revenue and number of employees. You can buy a policy online and get a certificate of insurance with Insureon in three easy steps:
Insureon's licensed agents work with top-rated U.S. insurers to find coverage that fits your real estate agency or brokerage, whether you work independently or hire employees.