E & O insurance for real estate agents.

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PostPosted: Mon May 10, 2010 10:57 am   Post subject: E & O insurance for real estate agents.  

I'm a RE agent in RI. Let me know about E & O policies that help cover RE Agents in the U.S.
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Rockeragent
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PostPosted: Tue May 11, 2010 11:48 am   Post subject:   

Being a real estate agent, you stand the chance of facing lawsuits that may arise out of your negligence or errors. E&O coverage is certainly one good way to take guard against such risks.
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PostPosted: Wed May 12, 2010 11:06 am   Post subject:   

Check out the different options with your agent. Make sure that you know all about the liability limits offered under an E&O policy. These limits are not always the same with all policies.
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PostPosted: Fri May 14, 2010 7:08 am   Post subject:   

Some of us are of the opinion that such policies have 2 deductibles. If it's like that, then I'm sure one half will go towards the damages. But, I'm not sure of the other one.
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