https://completemarkets.com/company/schinnerer/RealEstateEandOInsurance/
Victor O. Schinnerer & Company, Inc. offers a claims-made Real Estate Errors & Omissions (E&O) program designed for a broad range of real estate professionals. The program is underwritten through CNA and is administered by Schinnerer as a Managing General Underwriter. Coverage can be tailored to individual firm operations and risk profiles, and Schinnerer's Real Estate E&O program is the exclusive E&O insurance partner for the NATIONAL ASSOCIATION OF REALTORS® (mortgage brokers excluded).
Overview of the Program
This Real Estate E&O program provides professional liability protection for errors, omissions and negligent acts arising from real estate services. The policy is written on a claims-made basis and is intended for agents, brokers and related professionals whose exposures arise from residential, commercial and transactional real estate activities. Limits and deductibles are flexible to match different firm sizes and exposures.
Ideal Accounts and Appetite
Residential real estate agents and small-to-mid sized brokerages
Commercial real estate professionals and leasing agents
Independent and certified appraisers
Auctioneers and transactional specialists
Property managers and firms providing leasing or tenant-placement services
Mortgage brokers (note: excluded from the NAR partnership)
Schinnerer typically looks for traditional real estate operations with documented procedures, reasonable transaction volume for the firm size, and standard commission and contract practices. Excessive specialty exposures (large construction escrow handling, major development projects, or high-volume mortgage lending) may require supplemental underwriting or alternative markets.
Coverage Highlights and Advantages
Claims-made E&O wording tailored to real estate operations
Flexible limits up to $5 million
Deductibles starting at $1,000 and premium options that begin at $500
Program underwriting through CNA—strength and claims handling experience
Customizable endorsements to address common real estate exposures (e.g., transactional errors, failure to disclose, misrepresentation)
Schinnerer’s direct relationship with the NATIONAL ASSOCIATION OF REALTORS® supports placement for REALTOR® members (mortgage brokers are excluded from that affiliation)
Underwriting Notes and Minimums
Policies are underwritten on a firm-by-firm basis. Important submission elements include current application, loss runs (typically last 5 years), copies of standard listing and purchase agreements, and a description of risk management procedures. Because this is a claims-made program, pay attention to retroactive dates and prior acts coverage when negotiating placement.
Premiums, deductibles and limits are flexible; the program lists premiums starting at $500, deductibles starting at $1,000, and limits up to $5,000,000. Larger or more complex accounts may require excess placement or individualized underwriting and pricing.
Territories and Availability
Available through Victor O. Schinnerer & Company, Inc. as a Managing General Underwriter and placed with CNA. Territories: AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY. The program can be written on admitted or non-admitted paper where applicable; confirm state-specific filing and availability.
Why Work With Victor O. Schinnerer on This Business
Schinnerer brings program underwriting expertise specific to real estate E&O and direct access to a carrier with national capacity (CNA).
The program supports REALTOR® members through Schinnerer’s exclusive relationship with the NATIONAL ASSOCIATION OF REALTORS® (mortgage brokers excluded), which can simplify placement for those firms.
Flexible limits and endorsements make this program a good fit for a range of firm sizes, from single-agent practices to larger brokerages and property management firms.
Schinnerer provides underwriting guidance and risk management considerations that help you present accounts effectively and secure competitive terms.
Example Account Scenarios
You have a six-agent residential brokerage seeking primary E&O limits of $1 million with a low deductible and professional liability wording that includes transactional endorsements—this program can provide tailored pricing and coverage.
A regional property management firm that handles leasing and tenant placement wants higher limits and customized endorsements for management errors—Schinnerer can evaluate and structure appropriate limits and wording, with excess placement if needed.
Frequently Asked Questions
What types of real estate professionals are a good fit for this program?The program suits real estate agents, brokers, appraisers, auctioneers, leasing agents, property managers and many commercial real estate professionals. Appetite is best for firms with standard transactional operations rather than unusual or highly specialized exposures.
Is this coverage claims-made and what should I watch for?Yes — the policy is claims-made. Verify the retroactive date, any prior-acts coverage, and whether tail or extended reporting period options are available when binding or renewing a policy.
What limits, deductibles and premium levels are available?The program offers limits up to $5 million, deductibles starting at $1,000, and premium entry points shown starting at $500. Actual pricing depends on firm size, operations, loss history and requested endorsements.
Which states is this program available in?Victor O. Schinnerer’s Real Estate E&O program is available in the states listed in the storefront (AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY). Confirm state-specific availability and filings when submitting.
What submission materials does Schinnerer typically require?Provide a current application, recent loss runs, representative contracts (listing/purchase/management agreements), and a summary of firm operations including transaction volume and risk management practices. These materials help expedite underwriting and obtain competitive terms.
Need help placing an account? Connect with a market specialist.
https://completemarkets.com/company/foxpointprograms/foreclosure-trustee/
Foreclosure Trustee Professional Liability Insurance from Fox Point Programs
Fox Point Programs offers a specialized Foreclosure Trustee Professional Liability Insurance program tailored to protect professionals involved in the foreclosure process. Also known as Errors & Omissions (E&O) coverage, this policy provides essential financial protection from claims related to the performance of professional duties, including legal expenses and potential settlements—even when allegations are groundless.
Target Accounts and Ideal Clients
This program is designed for professionals and entities that provide services in the foreclosure process, including:
Trustees and Substitute Trustees
Real Estate Auctioneers
Foreclosure Criers and Foreclosure Sale Coordinators
If you have a client who regularly manages foreclosure sales or acts as a trustee in real estate transactions, this coverage is an excellent fit. The program is especially valuable for those operating in high-volume or high-liability foreclosure environments, where even minor errors could result in expensive litigation.
Coverage Highlights and Advantages
Fox Point Programs delivers one of the most comprehensive and competitively priced E&O solutions in the market for foreclosure-related professionals. Key features include:
Multiple limit and deductible options* – Choose the level of protection that fits your client’s risk profile.
Defense costs outside the limits* – Helps preserve policy limits for potential settlements.
Prior acts coverage – Ideal for clients with an existing claims-free history.
Optional General Liability coverage – Expand protection beyond professional exposures.
*Some restrictions may apply
All coverage is written through an A (Excellent) rated carrier, ensuring financial stability and reliability.
Underwriting and Premiums
With in-house underwriting expertise, Fox Point Programs can provide fast, knowledgeable service for agents and brokers. Minimum premiums vary based on risk factors and selected limits, and the program is designed to be accessible for both small and mid-sized operations.
Available States and Admitted Status
This program is available in most states across the U.S., including high-population and high-foreclosure-volume states like CA, FL, TX, and NY. Coverage is written on an admitted basis in many states, offering additional peace of mind to both insureds and agents.
Why Place Business With Fox Point Programs?
As a Managing General Agency (MGA) with a strong focus on niche professional liability programs, Fox Point Programs offers agents and brokers a reliable market for difficult-to-place E&O risks. Our deep understanding of the foreclosure process and service-oriented approach help ensure your clients receive the protection they need, backed by responsive underwriting and claims support.
Ready to submit? Download the full application here:
Trustee Full Application
Frequently Asked Questions
What types of accounts are a good fit for this program?This program is ideal for trustees, substitute trustees, real estate auctioneers, and foreclosure criers involved in real estate foreclosure services.
Is prior experience required for eligibility?Yes, applicants should have relevant experience in foreclosure-related services. Prior acts coverage is available for qualified risks.
Can this policy be bundled with General Liability coverage?Yes, optional General Liability coverage is available for added protection, depending on underwriting approval.
Which states is this program available in?The program is available in most U.S. states, including CA, TX, FL, NY, and many others. Contact underwriting for specific state eligibility.
Who underwrites the policy?Coverage is underwritten through an A (Excellent) rated carrier, ensuring strong financial backing.
Need help placing an account? Connect with a market specialist.
https://completemarkets.com/company/foxpointprograms/real-estate/
Professional Liability Insurance for Real Estate Professionals
Fox Point Programs offers a specialized Real Estate Agent Professional Liability Insurance program to help agents and brokers place Errors & Omissions (E&O) coverage for a broad range of real estate professionals. This professional liability coverage helps protect insureds from allegations of negligence, errors, or omissions arising from their real estate services. The program responds to both damages and defense costs, including legal fees and court expenses.
Ideal Accounts and Target Classes
This program is designed for agents placing accounts for firms and individuals involved in residential and commercial real estate, leasing, property management, and related services. Target classes include:
Residential real estate agents and brokers
Commercial real estate agents and brokers
Leasing agencies
Property managers
Real estate appraisers* (limited to 10% of total revenue)
Real estate auctioneers
Real estate consultants
Property preservationists
*If a client’s operations are 100% appraisal-related, contact Fox Point for their Appraiser-specific program.
Whether your client is a solo residential broker or a mid-sized property management firm, this program offers broad eligibility and options that can be tailored to different operations.
Coverage Highlights and Advantages
Multiple limits and deductible choices to match client needs
Defense costs paid outside the policy limits in applicable forms
Customizable wording to address specific operations and exposures
Access to underwriters experienced in real estate professional liability
The program is supported by a variety of carriers and is available on an admitted basis in most states to facilitate placement and regulatory compliance where applicable.
Underwriting Notes and Minimum Premiums
Underwriting emphasizes the insured’s operations, revenue mix, loss history, and controls. The program accepts main-street to mid-sized accounts; appetite and specific eligibility will depend on class, gross revenue, claims history, and location. Appraiser revenue is capped at 10% unless submitted to the Appraiser-specific program.
Download the Application:
Real Estate Full Application
Minimum premiums vary by class, size, and state. Submit a completed application so Fox Point’s underwriting team can provide specific minimums and pricing guidance.
Territories and Availability
The program is available in most U.S. states, including but not limited to CA, TX, FL, NY, IL, and NJ. Confirm admitted vs. non-admitted availability and any state-specific restrictions at submission.
Why Work With Fox Point Programs?
Fox Point Programs is a Managing General Agency with focused expertise in professional liability. Working with Fox Point gives you:
Streamlined underwriting built for real estate operations
Multiple carrier relationships to help place a variety of risks
Responsive service and real-estate-focused underwriting guidance
Flexibility for main-street agents up to mid-sized firms
Frequently Asked Questions
What types of accounts are a good fit for this program?Good fits include residential and commercial agents and brokers, leasing agencies, property managers, auctioneers, consultants, and other real estate professionals. Appraisal services are acceptable only up to 10% of total revenue under this program.
Is this coverage admitted in all states?The program is offered on an admitted basis in most states. Confirm state availability and admitted status during submission.
Can I submit an account with 100% appraisal revenue?No. This program limits appraisal-related revenue to 10%. For full-appraiser risks, submit to Fox Point’s Appraiser-specific program.
What are the minimum premium requirements?Minimum premiums depend on class, size, and location. Provide a completed application so underwriting can determine the applicable minimums.
How do I start the submission process?Begin by completing the Real Estate Full Application and submitting it to Fox Point for underwriting review. Underwriters will follow up with any additional requirements.
Need help placing an account? Connect with a market specialist.
https://completemarkets.com/company/riscinc/independent-auto-dealer-insurance/
Used Car Dealer Insurance
RISC places eligible independent used-car dealers with Zurich’s Unicover VI — an admitted, copyrighted package policy built for the automotive retail industry. Unicover VI combines primary first- and third-party protections into a single, consolidated policy form tailored to dealers whose primary operation is used vehicle sales. RISC’s Used Car Dealer Insurance facility is available only to businesses that principally buy and sell used autos.
Product highlights include:
Admitted package policy with an integrated structure
Multiple coverages available:
Auto Inventory Physical Damage
Business Auto (Basic Auto)
Property with Business Income & Extra Expense
Garage Liability
Errors & Omissions (E&O)
Umbrella
Pollution liability
Additional optional coverages based on account specifics
Policies are offered on a direct-bill basis only
Overview — RISC’s Zurich Unicover VI Facility
RISC provides agents access to Zurich’s admitted Unicover VI package to place independent used-car dealer risks on a single, dealer-focused policy form. The program is underwritten with dealer exposures in mind — inventory loss, customer autos, garage operations, sales-related E&O, and pollution arising from light service or inspection. Use this facility when you need admitted paper and a consolidated policy that reduces the need to assemble multiple carriers for common dealer coverages.
Ideal Accounts and Appetite
Primary target: independent used car dealerships where the main business is buying and selling used vehicles.
Good fits: single-location dealers with on-site inventory, light inspection and minor repair operations, and standard retail sales activity.
Typically not a fit: franchised new-car dealerships, high-volume auction houses, large reconditioning shops with heavy repair exposure, or accounts with frequent major prior losses unless substantial mitigation is documented.
Coverage Highlights and Advantages
Admitted, package wording that simplifies placement by combining property, inventory physical damage, garage liability, and E&O into one form.
Inventory physical damage wording tailored to dealer operations and vehicle holdings.
Optional garage liability, sales/service E&O, umbrella follow-form, and pollution coverage linked to common dealer activities.
Zurich paper provides recognized capacity and a claims platform for more complex dealer losses.
Underwriting Notes and Submission Requirements
Principal place of business must be domiciled in one of the eligible states (see Territories below).
Required: completed Zurich supplemental application for Unicover VI specific to dealer operations.
Required: currently valued loss runs for the prior three years.
RISC will consider agency appointments from producers who have an existing book of used auto dealer business and can explain Unicover VI coverage differences compared with other dealer forms.
Minimum premium: $1,500. Policies are written on a direct-bill basis only.
Territories and Availability
This admitted program is available in the following states: AR, MN, MT, NE, ND, OK, OR, SD, TX, UT, WY. Coverage availability and specific terms may vary by state.
Why Place This Business Through RISC
Access to Zurich’s Unicover VI package for eligible used-car dealers — a specialty product not widely available through standard markets.
Dealer-focused underwriting with clear submission requirements, which speeds placement for qualified accounts.
Direct-bill handling simplifies premium administration for eligible risks.
Example Accounts That Often Fit
You might have a single-location independent dealer that holds late-model used inventory, performs light inspections and minor repairs, and needs admitted coverage for inventory physical damage plus garage liability and E&O on one consolidated policy.
A growing independent dealer seeking admitted Zurich wording for property, business income, inventory physical damage, and sales-related E&O — willing to provide the supplemental application and three years of loss runs — is another common fit.
*This is intended as a general description of certain types of insurance and services available to qualified customers through the companies of Zurich in North America. Your policy is the contract that specifically and fully describes your coverage. The description above gives an overview of coverages and does not revise or amend the policy. Insurance coverages are underwritten by individual member companies of Zurich in North America, including Zurich American Insurance Company. Certain coverages are not available in all states. Some coverages may be written on a non-admitted basis through licensed surplus lines brokers. RISC is not a subsidiary or an affiliate of Zurich.
Frequently Asked Questions
What types of used car dealers are eligible for this program?The program is designed for dealerships whose primary business is used vehicle sales. Best fits are independent dealers with on-site inventory, limited repair operations, and retail sales activity. Franchised new-car dealers and large reconditioning operations are generally not eligible.
What submission materials are required?Submit a completed Zurich supplemental application for Unicover VI and currently valued loss runs for the prior three years. The principal place of business must be located in one of the program’s eligible states.
Is the policy admitted or non-admitted?This facility places admitted Unicover VI package policies with Zurich in the program’s available states. Some optional or ancillary coverages may vary by state.
How is premium billed and what is the minimum premium?Policies under this facility are offered on a direct-bill basis only. The program’s minimum premium is $1,500.
What does RISC look for when appointing an agency to place this business?RISC prefers agencies with an existing book of used auto dealer business and a clear explanation of how Unicover VI differs from other dealer policy forms. Agencies must complete RISC’s appointment profile, agreement, and related documents.
Need help placing an account? Connect with a market specialist.