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 can help you rebound from losses related to client disputes during the closing process, transaction errors, and other incidents.
These insurance policies cover common risks faced by closing agents.
This policy covers basic third-party risks, such as a client who trips and suffers an injury during a real estate closing. It's often required for a commercial lease.
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.
Most states require workers' comp for closing and title companies that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
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.
State laws require this coverage for vehicles owned by a closing agency. It helps cover medical bills and other costs in the event of an accident.
This policy helps closing agents recover from data breaches and cyberattacks. It's strongly recommended for any title agency that handles sensitive information.
It's easy to get business insurance for closing agents, title agents, and escrow agents if you have your company information on hand. Our 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 insurance agents work with top-rated U.S. providers to find the right closing and title insurance coverage for your agency, whether you work independently or hire employees.