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What is Realty Purchasing Group Professional Liability Insurance Program? The Realty Purchasing Group Professional Liability Insurance Program is designed to help protect real estate professionals against claims arising from their professional services. It is often referred to as errors and omissions (E&O) insurance and focuses on alleged mistakes, oversights, or failure to provide the expected professional services. This coverage is tailored to the risks that come with advising clients on property transactions, preparing contracts, marketing listings, and handling sensitive financial and personal information. It can help pay for legal defense costs and certain settlements or judgments, up to the policy limits, if a covered claim is made against you. Who needs it This program is generally suitable for a wide range of real estate professionals and related businesses, including: Real estate agents and brokers Property managers Real estate firms and brokerages Leasing agents Real estate consultants and counselors Even careful professionals can face allegations of negligence or misrepresentation. If you provide advice, handle transactions, or manage property for others, professional liability coverage can be an important part of your risk management plan. What it typically covers While every policy is different, a Realty Purchasing Group Professional Liability Insurance Program will typically include protection for claims alleging: Errors or omissions in professional services Negligence in performing real estate duties Misrepresentation of property details Failure to disclose known issues, within policy terms Incorrect advice related to a transaction or listing Documentation or contract mistakes that lead to client loss Coverage usually focuses on financial losses suffered by clients due to an alleged professional mistake, rather than physical injury or property damage, which are often addressed by other types of insurance. Common exclusions and limitations Professional liability policies have exclusions and limitations that define what is not covered. Depending on the policy, these may include: Intentional, dishonest, or fraudulent acts Criminal or illegal activities Bodily injury or property damage (often covered under general liability) Claims arising from activities outside the scope of insured professional services Contractual guarantees or promises beyond standard professional duties Known claims or circumstances that existed before the policy started Policy terms, conditions, and exclusions vary by insurer and jurisdiction. Always review your policy documents and consult a licensed insurance professional with questions about specific coverage. Factors that influence cost The cost of a Realty Purchasing Group Professional Liability Insurance Program can vary based on several factors, such as: The type of real estate services you provide Your annual revenue and number of transactions Number of agents, staff, or locations Your claims history and risk management practices Selected coverage limits and deductibles State regulations and local market conditions Insurers may also look at how long you have been in business and any training or compliance programs you maintain. Proof of insurance and compliance Many clients, lenders, and business partners may request proof of professional liability insurance before working with you. Some brokerages require their agents to carry this coverage as a condition of affiliation. In certain areas, professional associations or local regulations may set minimum insurance standards, but requirements vary by state and organization. After you purchase a policy, you typically receive a certificate of insurance that you can share with clients, property owners, and other stakeholders to demonstrate that you carry coverage, subject to policy terms and limits. How to get a quote To explore coverage options, you will usually need to provide basic information about your real estate business, including services offered, locations, and estimated revenue. This helps the insurer understand your risk profile and offer available coverage terms. To get started with a Realty Purchasing Group Professional Liability Insurance Program quote, you can request more information here: Get a professional liability insurance quote. Frequently Asked Questions Is professional liability insurance the same as errors and omissions (E&O) insurance?For real estate professionals, professional liability insurance is often called errors and omissions (E&O) insurance. Both terms generally refer to coverage for claims arising from alleged mistakes, oversights, or negligence in your professional services. Does this coverage protect me if a deal falls through?It may respond if a client alleges they suffered a financial loss because of your covered professional error or omission. If a transaction fails for reasons outside your professional services, it may not be covered. Actual coverage depends on the specific policy language and circumstances of the claim. Do independent real estate agents need their own policy?Independent agents who are not fully covered under a brokerage policy may choose to carry their own professional liability insurance. Some brokerages require agents to maintain personal E&O coverage. Check with your brokerage and a licensed insurance professional to understand your situation. Are past transactions covered?Many professional liability policies are written on a claims-made basis, which means they may cover claims first made during the policy period for acts that occurred after a specified retroactive date. Coverage depends on the policy’s retroactive date, terms, and whether you maintained continuous coverage. Does professional liability insurance cover general business risks?No. Professional liability insurance focuses on claims related to your professional services. Other policies, such as general liability, property, or cyber insurance, may be needed to address broader business risks. Still have questions? Talk to a local insurance expert. ...

MCGOWAN, DONNELLY & OBERHEU, LLC Architects Professional Liability Insurance Overview of the Program from The McGowan Companies The McGowan Companies offers a comprehensive Architects Professional Liability Insurance program designed specifically for design professionals and engineering firms. This program helps protect your clients against the complex risks associated with professional services in the construction and design industry. Whether your client is a civil engineer, architect, construction manager, or part of a design/build firm, this program delivers tailored coverage backed by specialized underwriting expertise and access to top-tier carriers. Ideal Accounts and Appetite This program is a strong fit for a wide range of design and engineering professionals, including: Civil Engineers Construction Managers Design / Build Firms Electrical Engineers Forensic Engineers Geotechnical Engineers Landscape Architects Land Surveyors Structural Engineers You might have a client who is part of a multidisciplinary design/build firm working on mid-sized commercial developments, or an independent civil engineering consultancy engaged in municipal infrastructure projects—both would be strong candidates for this program. Coverage Highlights and Advantages Professional & Management Liability coverage tailored to design professionals Primary and Excess limits available to suit varying risk profiles Access to a range of carriers, allowing for flexibility in pricing and terms Coverage options that respond to claims due to errors, omissions, or professional negligence This program is designed to offer peace of mind to professionals responsible for critical design decisions, helping them manage exposures that could lead to costly litigation or project delays. Underwriting Notes and Minimum Premiums The McGowan Companies works with a variety of carriers and underwriters to provide flexible solutions for a wide range of account sizes and risk profiles. While minimum premiums may vary, the program is structured to be accessible to both small firms and larger practices with more complex exposures. Submissions with complete applications, detailed project listings, and a good claims history will receive the most competitive terms. Territories and Availability This Architects Professional Liability Insurance program is available in all 50 states and the District of Columbia, making it easy for you to place business regardless of where your client is located. Coverage availability may vary by carrier and is offered on both admitted and non-admitted paper depending on the specific risk and jurisdiction. Why Work With The McGowan Companies As a leading wholesale broker, McGowan, Donnelly & Oberheu, LLC provides access to broad markets and deep industry expertise. Their team understands the unique needs of design professionals and offers responsive service, competitive pricing options, and reliable support throughout the underwriting process. Partnering with McGowan ensures that your clients receive tailored solutions backed by a team that prioritizes your success. For more information on Architects Professional Liability Insurance, please contact us! Frequently Asked Questions What types of accounts are a good fit for this program?This program is ideal for civil engineers, architects, construction managers, design/build firms, and other design professionals involved in planning or managing construction projects. Is coverage available in all states?Yes, the program is available in all 50 states and the District of Columbia, with coverage offered through various admitted and non-admitted carriers. What limits are available under this program?Both primary and excess liability limits are available, providing flexibility to meet the needs of small firms and larger organizations alike. Can I submit accounts with prior claims?Yes, submissions with prior claims will be considered. A detailed explanation of the claims and current risk controls will help in the underwriting process. What information is needed to get a quote?A completed application, project lists, and loss history are typically required to receive a quote. Additional documentation may be requested based on the complexity of the account. Need help placing an account? Connect with a market specialist. ...

MCGOWAN, DONNELLY & OBERHEU, LLC Errors and Omissions Professional Liability Insurance Overview of the Program From McGowan, Donnelly & Oberheu The McGowan Companies, through McGowan, Donnelly & Oberheu, LLC, offers a comprehensive Errors and Omissions (E&O) Professional Liability Insurance program designed for a wide range of professional service providers. As a trusted wholesale broker, we provide access to both primary and excess E&O coverage, tailored to mitigate the financial risks professionals face in the course of business. With access to multiple carriers and availability in most states, this program gives agents and brokers a flexible, nationwide solution for placing E&O risks. Ideal Accounts and Appetite This program is ideal for professionals who provide expert advice or services and are at risk of claims due to negligence, errors, or omissions. Eligible classes include but are not limited to: Actuaries Benefits Consultants Bookkeepers Business Brokers Claims Adjusters Collection Agents Credit Counselors Document Storage Services Employment Agencies Expert Witnesses Franchisors HR Consultants Management and Market Research Consultants Medical Billing Services Premium Finance Companies Safety Consultants Temporary Staffing Services Third Party Administrators Testing Laboratories Trustees If you have clients operating in any of these fields, especially those with growing operations or specialized exposures, this program is built to support their coverage needs. Coverage Highlights and Advantages Our Errors and Omissions program provides professional and management liability coverage designed to protect businesses from claims of negligence, misrepresentation, violation of good faith, and inaccurate advice. Key features include: Access to both primary and excess coverages Flexible policy structures to accommodate various industries Coverage for defense costs, settlements, and judgments Customized underwriting for niche and hard-to-place risks For example, if you're working with a medical billing company expanding into new markets or a management consultant serving high-value clients, this program can help safeguard against the unique exposures those professionals face. Underwriting Notes and Minimum Premiums Underwriting is tailored to the specific class of business. While minimum premiums vary by risk and carrier, we strive to provide competitive pricing for both small and mid-sized firms. Our underwriters are experienced in reviewing complex professional liability risks and can assist in structuring placement options that meet your client’s needs. Territories and Availability This program is available in most states, including but not limited to: CA, TX, FL, NY, IL, PA, OH, GA, NC, and many others. Coverage is offered on an admitted basis in most available states, depending on the class and carrier involved. We work with a variety of markets to ensure broad geographic and industry reach. Why Work With The McGowan Companies? The McGowan Companies is a trusted name in specialty insurance, and McGowan, Donnelly & Oberheu brings deep expertise in professional liability. Agents and brokers benefit from our market reach, responsive service, and ability to accommodate both standard and hard-to-place accounts. Whether you are placing a single policy or looking for a long-term solution for your professional clients, we offer the tools and support to help you succeed. For more information on Errors and Omissions Professional Liability Insurance, please contact us! Frequently Asked Questions What types of accounts are a good fit for this program?This program is ideal for professionals such as consultants, claims adjusters, staffing agencies, HR specialists, and medical billing services that face liability risks from the services they provide. Is this E&O insurance available nationwide?The program is available in most states, including all major markets. Availability may vary by class of business and carrier. What coverage limits are offered?Both primary and excess coverage limits are available. Limits can be tailored based on the client’s size, industry, and risk profile. Can you help with hard-to-place risks?Yes. We specialize in placing both standard and non-standard E&O risks and have access to multiple carriers to support complex or unique exposures. How quickly can I get a quote?Turnaround times vary depending on the complexity of the risk, but our underwriting team works efficiently to deliver quotes as promptly as possible. Need help placing an account? Connect with a market specialist. ...