Real Estate
Professional Liability Insurance Errors & Omissions
Errors, real or perceived, happen in every professional endeavor. The
true Real Estate professional understands this and takes the necessary actions
to mitigate the potential for loss through appropriate risk management
activities, including file documentation, disclosure and follow-up with the
buyer and seller after the close.
Alas, sometimes even
the most diligent efforts are not sufficient to protect us from demands and
lawsuits, which have the potential for significant financial loss.
Geo.
F. Brown & Sons, Inc. (GFB) provides protection for the Real Estate
professional which is unsurpassed in the insurance industry with respect to
coverage, competitive pricing, claims management expertise and loss control
services.
Underwritten by the Diamond
State Insurance Company (rated "A" excellent by A.M. Best Company),
GFB is capable of providing coverage for the Real Estate professional across
the country. Further, as a realtor VIP Program Partner, GFB enjoys the
full confidence of the NATIONAL ASSOCIATION OF REALTORS®. Real Estate
firms and individuals insured through GFB are also members of the Real Estate
risk purchasing group. As a member, one has access to:
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InfoSource - A 24/7
service manned by individuals experienced with the issues confronting the
Real Estate professional. This service has assisted many of our insureds in mitigating situations that may result in costly claim
litigation.
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Risk Management Services -
We stay abreast of developing issues within the Real Estate community and
provide topical risk management ideas to our members. Specific risk
management services can be provided to the Real Estate professional where
requested at an additional charge.
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PAPER CHASE - This is a
newsletter developed and edited by GFB with individual contributions from
respected industry professionals, legal firms and insurance company claims
professionals.