- Underwritten by the A rated (by A.M. Best) XL Insurance companies
(Greenwich Insurance Company and Indian Harbor Insurance Company)
- Choice of per claim coverage and aggregate limits range from
$250K/$250K
to $5M/$5M
- Choice of per claim deductibles range from $1,000 to $25,000
(higher deductibles available)
- Covered Professionals include Real Estate Agent, Broker, Leasing Agent,
Property Manager, Auctioneer, Appraiser, Consultants, Short-Term Escrow
Agent, Referral Agent, and Notary Public
- 50% deductible reduction for claims resolved within one year (limit $5,000
per policy period; applies to damages only)
- Environmental Failure to Advise up to full policy limits (includes pollutants,
asbestos, lead, and radon)
- Consent to Settle included
- Attorney Selection by the Insurance Company or by the Insured with
written consent
- Defense Outside Limits included
- Automatic Discrimination sub-limit of $250,000 (up to $1,000,000 available)
- Innocent Partner Protection included for fraud and late reporting
- $250,000 Lockbox sub-limit (all types of lockboxes are covered; no deductible
applies to this benefit)
- Personal Injury included
- $2,500 included for Regulatory Complaints with a $10,000 aggregate per
policy period
- $250 per day for Reimbursement of Expenses (up to $10,000 per policy)
- Coverage for the Sale of Agent-Owned Residential Properties held for over
180 days
- Coverage for services via the Insured’s Internet, e-mail, telecommunications,
and other similar systems
- Short-Term Escrow included
- Vicarious Liability for Franchise Corporation
- Risk Management Services
Coverage(s) available in most states. Please refer to your insurance policy for actual
description of terms, coverages, amounts, conditions, limitations, and exclusions. |
