General Star Expands Admitted Real Estate Product to California Agents

August 15, 2012

General Star Management Co. has made its admitted professional liability coverage for real estate agents available in California. Underwritten by General Star’s Professional E&O Division, the new offering is provided by General Star National Insurance Co.

General Star also upgraded the admitted policy with new coverage features designed especially for a real estate agent’s area of practice. Applicants eligible for the “EASY” program can access the new admitted product via a web-based application option. The traditional submission process remains available, too – the choice is up to the applicant or its agent.

As part of the announcement, General Star also increased EASY Program eligibility from $100,000 in gross revenue to $200,000.

The customized protection offers over a dozen enhancements at no additional cost, including open house coverage, reputation protection expense, regulatory board investigation/defense, subpoena assistance, third party notification/electronic info damages, fair housing discrimination coverage, failure to disclose certain substances (asbestos, fungus/mold and lead), lockbox coverage and owned property coverage.

Marsh U.S. Consumer, a service of Seabury & Smith, Inc., is the exclusive program administrator for General Star’s real estate agents & brokers and real estate appraisers programs.

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