Norman-Spencer Agency has launched an exclusive real estate professional liability program. The comprehensive policy is backed by an “A”-rated carrier with admitted coverage in all states except California and Hawaii.
The Platinum Errors & Omissions Real Estate Liability product is available to a broad range of real estate professionals, including residential and commercial sales, leasing, property management, consulting, auctioneering, mortgage brokering, broker’s price opinions/appraisal and escrow services.
Standard policy features include coverage for agent-owned property, open houses, subpoena assistance, security incidents and public relations/crisis events. Contingent bodily injury/property damage coverage is added to each policy.
Environmental hazards and discrimination defense coverage are available to full policy limits. Deductibles start at $1,000.
The product is self rating with an instant bindable application. An automatic renewal option is available. The Ohio-based agency also offers an endorsement for independent contractors.
Was this article valuable?
Here are more articles you may enjoy.
Should Parents Be Responsible for Kids Getting Hurt and Killed on E-Bikes? 
Lawsuit Alleges TWIA Fraudulently Reduced Claim Estimates From Hurricane Beryl 
US Ready to ‘Take Any Actions Necessary’ to Fight EU ESG Rules 
State Farm Must Give Up Trade Secrets in Claims Lawsuits, but Under Court Review 
