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Pearl News

Pearl Insurance Enhances Real Estate E&O features
Friday, August 19, 2005 at 10:00:00 AM



Pearl Insurance is pleased to announce some exciting new features will be added to its National Real Estate Errors & Omissions Program. They include automatic discrimination coverage increased to a $250,000 sub-limit (up to $1,000,000 available), Lock Box coverage increased to a $250,000 sub-limit, 50% reduction for claims resolved within one year with a maximum credit limit of $5,000 per policy period, and coverage for services via the Internet, e-mail, telecommunications, and other similar systems. In addition to enhancing their program coverages, Pearl Insurance has also increased its valuable and unique risk management services. These include monthly risk management flyers detailing real life claim situations and how to prevent them, informational articles discussing a variety of risk management topics, nation-wide as well as on-site risk management seminars that provide real estate professionals with continuing educational credits and premium credit options for qualified firms, and quarterly risk management newsletters mailed directly to the insured’s office. "Pearl, along with XL Insurance, is proud to offer these newly enhanced features for our Real Estate E&O Program," says Greg Ketay, Executive Vice President and Managing Director of Program Business at Pearl Insurance. "With newly enhanced program features, extensive risk management tools, and premium credits available for qualified firms, Pearl Insurance can protect virtually every size real estate firm with benefits and solutions that are not available elsewhere." Pearl Insurance is a nationally known broker, marketer, and administrator that specializes in the design and administration of quality insurance plans for associations, affinity groups, and large firms. They have provided real estate professionals with quality products and services since 1954, and their experienced in-house claims department is available to discuss any situation with you—even before it becomes a claim! Their partnerships with XL Insurance and American Home Shield Home Warranty Services solidify their strength, allowing them to offer association members one of the only A+ rated E&O programs in the marketplace and easy access to AHS Home Warranty Services.

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