| Real Estate Agents, Brokers and Appraisers
General Star offers E&O coverage to small to mid-sized real estate agencies and appraisers specializing in residential real estate.
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Real Estate Agents & Brokers:
Coverage is provided on an admitted basis in all states with the exception of Alaska, California, Louisiana and Texas. In California, coverage is provided on a non-admitted basis.
Real Estate Appraisers:
Coverage is provided on an admitted basis in all states, with the exception of Alaska, Louisiana and Texas.
Coverage Offered
- Claims-made and reported coverage form
- Policy limits to $1,000,000/$2,000,000
- Full prior acts coverage is available
- Claim expenses are provided in addition to the policy limits
- Toll Free Telephone access to claim counsel to discuss potential claim related situations
Ineligible Exposures
- Applicants with greater than 50 agents or greater than $25,000,000 premium volume
- Applicants with greater than 35% of premium volume derived from placing business as a wholesaler or surplus lines broker
- Applicants with greater than 35% of premium volume derived from surplus lines placements or specialty lines products
- Agency owners seeking coverage solely as individuals or as independent contractors
- Investment advisors or financial planning consultants
- Professionals who exercise discretionary authority over client funds
- Reinsurance brokers, TPAs, MGAs/MGUs, claim administrators, or national wholesale brokers
- Professionals who provide accounting services, tax preparation or legal services
- Professionals with any revenue generated from outside the United States
For more information contact www.Landy.com
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