Expertise. Solution. Service.
MAXIMUM offers a comprehensive Real Estate Agent/Broker Errors & Omissions Insurance product bundled with a Business Owners Package, designed specifically for independent insurance agents and brokers looking to place coverage for small to mid-sized real estate firms. This program is tailored to meet the needs of residential-focused firms and provides robust protection against E&O exposures along with essential property and liability coverages.
Ideal Accounts and Appetite
This program is ideal for:
You might have a client who recently started a boutique real estate agency or a growing residential brokerage firm with multiple agents—this program is crafted to meet their insurance needs.
Coverage Highlights and Advantages
The Real Estate Agent/Broker E&O Program with BOP includes:
Value-added product advantages include:
Underwriting Notes and Key Restrictions
Deductibles begin at:
Ineligible risks include:
Territories and Availability
This program is available in most states, including AZ, AR, CT, DE, FL, GA, IL, IN, KS, ME, MD, MA, MI, MN, MO, MT, NV, NH, NJ, NY, NC, ND, OH, OK, OR, PA, RI, SC, UT, VT, VA, WA, DC, WI, and WY. It is not offered in AL, AK, CA, CO, HI, ID, IA, KY, LA, MS, NE, NM, SD, TN, TX, and WV.
Why Work With MAXIMUM?
As a wholesale broker with deep expertise in specialty insurance markets, MAXIMUM delivers tailored solutions backed by exceptional service. The Real Estate Agent/Broker E&O Program with BOP is designed to protect your clients against today’s most pressing real estate liability exposures while giving you the tools and support to grow your book with confidence. We settle for nothing less than the best choices for our clients, and we put no limit on what we can do for your client's Real Estate Agent/Broker E&O Insurance needs.
Please reach out to us today by phone or email with any questions and to discuss how we can assist in this process.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is best suited for residential-focused real estate firms with up to 50 agents and under $5 million in commission income.
Does the policy cover independent contractors?
Yes, independent contractors working under the named insured are covered as insureds under this program.
Can new real estate ventures qualify for this program?
Yes, new ventures are eligible as long as they meet the underwriting criteria, including minimum experience requirements for principals or agents.
Are commercial property sales covered?
The program allows for up to 35% of income from commercial sales. Accounts exceeding this threshold are not eligible.
Is this program available nationwide?
No, this program is available in most states but excludes applicants in AL, AK, CA, CO, HI, ID, IA, KY, LA, MS, NE, NM, SD, TN, TX, and WV.
Need help placing an account? Connect with a market specialist.