Looking for Real Estate Insurance?
Protect your real estate business from E&O claims, transaction errors, professional liability, and cyber breaches. Get coverage for real estate agents, brokers, and real estate firms.
What is Real Estate Insurance?
Real estate insurance protects agents and brokers from professional errors, omissions, transaction disputes, and data breaches. Coverage includes E&O liability, cyber liability, and general liability. Brokerages, clients, and state regulations require proof of E&O insurance before transactions or licensing.
E&O Coverage
Protection for transaction errors, disclosure failures, or negligent real estate advice.
Cyber and Data Protection
Covers client information breaches and transaction data exposure.
General Liability
Protects against injuries at properties or office operations.
Certificates
Fast proof for brokerages, clients, and state requirements.
Who Needs Real Estate Insurance?
- Real Estate Agents : Businesses requiring specialized insurance coverage
- Real Estate Brokers : Businesses requiring specialized insurance coverage
- Real Estate Firms : Businesses requiring specialized insurance coverage
- Commercial Real Estate Professionals : Businesses requiring specialized insurance coverage
Why Harper?
Real Estate Expertise
We understand agent/broker risks—disclosure errors, transaction mistakes, contract disputes, and data breaches. Get coverage for residential, commercial, or specialized real estate services.
Fast Proof for Brokerages
Brokerages require agents to carry E&O before affiliation. We deliver certificates quickly for brokerage compliance.
Clear Simple Guidance
We explain E&O coverage, disclosure liability, and cyber requirements for real estate clearly.
Tailored to Your Practice
Match coverage to your real estate—residential sales, commercial, property management, or real estate investing.
Frequently Asked Questions
What insurance do real estate agents need?
Real estate professionals need errors & omissions (E&O) liability covering transaction errors, disclosure failures, contract mistakes, or negligent advice causing client financial losses, cyber liability for client data breaches and transaction information security, and general liability for client injuries during property showings or office visits. Brokers additionally need broader E&O covering vicarious liability for agent errors, employment practices liability for disputes with affiliated agents, and hired/non-owned auto coverage for agents using personal vehicles.
Is real estate E&O insurance required?
Requirements vary by state—some states require real estate licensees to carry E&O insurance as a licensing condition, while others strongly recommend it without mandating. Regardless of legal requirements, virtually all brokerages require affiliated agents to maintain E&O coverage as a condition of affiliation. High-value or commercial transactions may require proof of E&O coverage before clients will work with agents.
How much does real estate E&O cost?
Individual real estate agents typically pay $300–$800 annually for basic E&O coverage with $1 million limits. Experienced agents doing high-volume or luxury sales pay $800 to $2,000+ annually. Real estate brokerages pay $2,000 to $15,000+ annually, depending on the number of affiliated agents, transaction volume, and whether covering commercial real estate. Costs depend on experience, transaction volume, property values typically handled, claims history, and coverage limits.
Does E&O cover disclosure failures?
Real estate E&O covers claims when agents fail to disclose material defects, property issues, or relevant information causing buyer losses, such as undisclosed foundation problems, flood history, or zoning restrictions. Coverage applies when you reasonably investigated and inadvertently missed information. Deliberately withholding known information or making no effort to investigate seller disclosures would void coverage.
Does insurance cover transaction errors?
E&O coverage protects against errors in purchase agreements, missed contingency dates, calculation mistakes on property values or commissions, or negligent advice about market conditions or property suitability. Coverage pays for legal defense and client losses resulting from covered professional errors. However, intentional contract breaches, actions outside the scope of real estate practice, or violations of clear legal requirements may be excluded.
Do brokerages require agent insurance?
Yes, virtually all real estate brokerages require affiliated agents to maintain individual E&O coverage as a condition of affiliation, even though brokerages carry their own E&O covering vicarious liability. This protects both the agent and brokerage, and often broker E&O policies require agents to maintain their own coverage. Brokerage agreements specify minimum limits and require proof of continuous coverage.