Business Insurance for Closing Agents

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Title Agents / Closing Agents
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A mistake in closing documents or an injury could have a significant impact on your business. Gain financial protection against lawsuits, accidents, and property damage with closing agent insurance.
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One application, multiple quotes

Insureon helps title closing agents compare insurance quotes from top U.S. carriers online. Get several quotes with one application.

What types of business insurance do closing agents need?

These policies cover the most common risks faced by real estate closing agents.

General liability insurance icon

General liability insurance

This policy covers common closing agent risks such as lawsuits over injuries and property damage. Bundle with property insurance for savings in a business owner’s policy.

BEST FOR
  • Slip-and-fall accidents
  • Damaged customer property
  • Libel or slander lawsuits
Errors and omissions insurance icon

Errors and omissions insurance

This policy, also called E&O or professional liability insurance, can cover legal fees of lawsuits related to your business decisions and the quality of your work.

BEST FOR
  • Disputes over documents
  • Accusations of negligence
  • Work errors
Workers’ compensation insurance icon

Workers’ compensation insurance

Workers' compensation is required in almost every state for businesses with employees. It covers medical costs and partial lost wages for work-related injuries and illnesses.

BEST FOR
  • Employee medical expenses
  • Missed wages
  • Legal costs
Business owner’s policy icon

Business owner’s policy

This coverage bundles commercial property insurance and general liability insurance under one plan. A BOP is often one of the most cost-effective policies for closing agents.

BEST FOR
  • Customer injuries
  • Damaged business property
  • Business interruption incidents
Commercial auto insurance icon

Commercial auto insurance

This policy covers business-owned vehicles. It typically pays for the other person’s damages after an accident and damage by theft, weather, and vandalism.

BEST FOR
  • Car accidents
  • Vandalism and theft
  • Weather damage
Cyber liability insurance icon

Cyber liability insurance

This policy helps title closing agents recover from data breaches and cyberattacks by helping to pay for client notification, credit monitoring services, and other costs.

BEST FOR
  • Data breach lawsuits
  • Client notification expenses
  • Fraud monitoring costs
Looking for different coverage? See more policies.

Why do closing agents need insurance?

Buyers and sellers rely on your expertise to provide vital information and ensure a smooth real estate transaction. With such high stakes, even a minor issue can lead to an expensive lawsuit. Small business insurance designed for title closing agents can help you rebound from financial losses related to client complaints, transaction errors, and other disruptions.

How much does insurance cost for real estate professionals?

Real estate professional using calculator in front of home for rent.

Several factors will have an impact on insurance costs, including:

  • Real estate services offered
  • Business equipment and property
  • Revenue
  • Location
  • Number of employees
View Costs
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Title Agents / Closing Agents