As a real estate professional, you understand the unique challenges and responsibilities that come with your career. Safeguarding your livelihood and assets is of the utmost importance. Errors and omissions (E&O) insurance is your lifeline—protecting you from potential financial losses arising from errors, omissions, or negligence in your professional services.

But, as vital as E&O insurance is, it can be confusing if you don’t have a guide along the way. We’re here to help you understand what happens after you’ve secured your E&O coverage.

When does my coverage start?

Your E&O coverage becomes effective once your payment is accepted. That means you are covered as soon as your payment is processed. There’s no need to wait; you can begin your professional journey in real estate with the confidence that your E&O insurance is in place to protect you from day one.

E&O insurance is a dynamic insurance solution that adapts and evolves with your real estate career. It’s tailored coverage that addresses the ever-changing risks you may encounter and ensures your insurance aligns with your unique needs. It fills any gaps in protection, providing comprehensive coverage throughout your journey.

How do I pay?

Paying for your coverage is a seamless process. Whether you prefer the convenience of online payments or want to explore premium finance options, we offer flexible payment methods tailored to your needs. Your ongoing financial commitments are made easy and allow you to focus on your real estate profession.

Am I legally protected?

E&O insurance is about more than just getting insured. It’s also about continuous legal protection. Your policy remains active, serving as a safety net throughout your real estate career. In the unfortunate event of a lawsuit or legal claim, your E&O coverage is there to secure your interests. It covers legal defense costs, settlements, or judgments, ensuring you can focus on your professional responsibilities knowing your livelihood is protected.

The assurance that comes with E&O coverage empowers you to concentrate on serving your clients, closing property transactions, and managing your responsibilities. No matter what challenges may arise, your E&O policy is a steadfast support.

What happens when I report a claim?

Your insurance carrier should have customer service representatives to guide you through the claims process. Pearl Insurance has experienced professionals who are well-versed in the intricacies of the real estate industry by your side to guide you through reporting a claim and beyond. We help facilitate smoother resolutions, ensuring you receive expert assistance during any challenging situations. With Pearl, you’re never alone on your real estate journey.

Do I have access to support and resources?

Some insurance companies provide ongoing support and resources. Whether you’re looking to enhance your professional knowledge, mitigate risks, or stay compliant with real estate laws, Pearl Insurance has your back. We provide you with nationally recognized risk management materials, seminars, and state-specific legal hotlines. These resources are for our insureds to help maintain a competitive edge in the real estate industry.

Your risk management strategy shouldn’t stop at your E&O policy. Pearl Insurance, as a full-service brokerage, offers a comprehensive range of insurance solutions tailored specifically to real estate professionals. You can explore additional options such as general liability, workers’ compensation, and more to create a well-rounded risk management strategy for your real estate career.

E&O insurance is more than a one-time safeguard. It’s a continuous source of protection and support throughout your career. With coverage beginning as soon as your payment is accepted, you’re equipped to thrive from day one—no matter the challenges that may arise in your dynamic real estate profession.

At the end of the day, Pearl Insurance is here for you. We work tirelessly to help you find a policy that fits your firm’s exact needs. Pearl takes our responsibility to protect your business seriously and will always put people before profit.

Want to know more? Find out for yourself.
(800) 447-4982 | pearlinsurance.com/professional-liability-insurance/