Insurance for Real Estate Agents in Weatherford, TX
As a real estate agent, safeguarding your business is paramount. Whether you’re showing properties, negotiating deals or managing transactions, having the right insurance coverage can help ensure peace of mind.
What Insurance Do Real Estate Agents Need? 
Real estate agents may benefit from the following types of coverage:
- General liability insurance—This can financially cover accidental injuries, property damage and legal claims from third parties. For example, if a client slips and falls during a property showing, this insurance may help cover medical and legal expenses.
- Professional liability—Also known as errors and omissions (E&O) insurance, this coverage can protect against claims related to mistakes, negligence or failure to provide professional services. If a client alleges you made an error during a transaction, this insurance can cover legal expenses.
- Workers’ compensation insurance—If you have employees, this insurance can offer coverage to them for work-related injuries or illnesses.
- Commercial property insurance—This can financially cover your office space, equipment and other property if it is damaged due to fire, theft or other covered perils.
- Cyber liability insurance—In the digital age, protecting against data breaches and cyberattacks is crucial. This insurance can cover costs related to data breaches, privacy violations and cyber incidents.
What Does E&O Insurance Generally Apply to in Real Estate?
E&O insurance can help financially protect real estate businesses against claims arising from mistakes, negligence or failure to provide professional services. Common scenarios include transaction errors, mispricing properties, misrepresentation claims, failure to disclose material facts and breaches of duty. This coverage may be appropriate for real estate brokers, agents, appraisers and other real estate professionals.
Contact Us
Contact Associated Insurance to customize coverage for your real estate business. By considering your unique operations and potential risks, we can provide tailored policy recommendations.