Overview — Apogee Insurance Group Real Estate E&O
Apogee Insurance Group offers a Real Estate Errors & Omissions (E&O) program built for independent agents and brokers who place coverage for real estate professionals. This program is delivered through Apogee’s Excess & Surplus lines distribution and provides broad E&O protection tailored to brokerages, sales agents, property managers, and other real estate service providers. Carriers available through the program include Admiral, AIG, Houston Casualty, Travelers, and United States Liability Insurance (USLI).
Ideal Accounts and Appetite
- Independent and regional real estate brokerages
- High-volume residential sales teams and broker/owners
- Residential property managers and leasing agents
- Offices that need defense at state and local real estate boards
- Accounts that require internet/email related protection and lock box coverage
Apogee’s program is a strong fit for accounts with a high percentage of residential transactions, brokerages that need discrimination and personal injury coverage, and firms seeking defense outside limits or duty-to-defend wording. Less suitable risks are those with frequent or large environmental exposures without prior loss control, or accounts needing admitted paper where E&S placement is not acceptable.
Coverage Highlights and Advantages
The program delivers industry-relevant features that respond to common real estate exposures while also giving agents practical placement tools:
Coverage includes:
- On-Line Quoting Offering 15-17% Commission for USLI Coverage
- Special Programs for High Percentage Residential Sales
- Defense Outside Limits / Duty to Defend
- Allegations of Discrimination (Damages & Defense / $150,000)
- Coverage for Personal Injury & Discrimination
- Defense of insureds at local and state real estate boards
- Named perils coverage for claims arising from internet/e-mail
- Environmental coverage available
- Package Offering for Real Estate Class, including GL & Property (No exclusion for Bodily Injury, Personal Injury And Advertising)
- Coverage for physical damage to property due to negligent use of a Lock Box
- Very competitive
- Innocent Principal coverage
Key advantages include online quoting for quick submissions, dedicated terms for high-residential mixes, defense outside limits wording, and handling of discrimination and board-defense exposures. The program also offers package options combining General Liability and Property where appropriate.
Underwriting Notes and Placement
Apogee underwrites this Real Estate E&O program on an Excess & Surplus (non-admitted) basis through selective carrier partners. Underwriting focuses on the composition of business (residential vs. commercial), claims history, supervisory controls, use of lock boxes, internet practices, and internal fair housing procedures. Standard submission requirements include a current application, loss runs, and a narrative of unusual exposures (e.g., environmental concerns or frequent discrimination allegations).
There is no minimum premium listed on this storefront; minimums — if any — are determined by underwriters and may vary by carrier and state. For fast quoting, use the program’s online quote portal where available, especially for USLI placements.
Territories and Availability
This Real Estate E&O program is available in the following states and jurisdictions: CA, DE, IL, IN, KS, LA, MD, MI, NJ, NY, NC, OH, OR, PA, SC, VA, and DC. Availability and terms are subject to carrier appetite and state E&S rules.
Why Work With Apogee Insurance Group
Apogee combines E&S placement expertise with real estate-specific underwriting and a streamlined quoting process. Agents benefit from access to multiple national carriers, specialized wording for discrimination and board defense, and solutions for common real estate exposures such as lock-box damage and internet-related claims. Apogee’s structure is intended to move business quickly while offering flexible coverage options for complex or high-residential accounts.
Example Scenarios
- You have a regional brokerage with 90% residential closings and occasional fair-housing complaints — this program’s special residential appetite and discrimination defense wording can be a strong match.
- A property manager uses electronic lock boxes and wants coverage for potential physical damage arising from negligent lock-box use — the lock-box physical damage provision addresses that specific exposure.
Frequently Asked Questions
What types of real estate firms are a good fit for Apogee’s Real Estate E&O program?
The program targets brokerages, sales agents, and residential property managers—especially firms with a high percentage of residential transactions or a need for discrimination and board-defense coverage.
Is this coverage placed admitted or non-admitted?
Coverage is typically placed through the Excess & Surplus market (non-admitted) using Apogee’s carrier relationships, which allows more flexible wording and broader appetite for certain risks.
What submission materials are required for a quote?
Typical submissions include a completed application, recent loss runs, a description of operations (including percentage residential vs. commercial), and narratives for any unusual exposures like environmental issues or prior discrimination claims.
Does the program provide defense outside limits or duty-to-defend wording?
Yes — the program offers defense outside limits / duty to defend features with certain carriers, which agents should confirm during the quoting process.
Which states does this program serve?
Apogee’s Real Estate E&O program is available in CA, DE, IL, IN, KS, LA, MD, MI, NJ, NY, NC, OH, OR, PA, SC, VA, and DC; availability can vary by carrier and state regulations.
Need help placing an account? Connect with a market specialist.