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Breaking Down Commercial Umbrella Insurance
Posted on: November 9, 2015 by
What You Need to Know A Real Estate Industry Umbrella Policy can provide extra protection in addition to general liability coverage. This coverage seeks to supply extra coverage over the primary liability insurance in the event the initial policy is exhausted, protects against uncovered losses, and provides coverage if the primary policy specifically excludes certain […] Read More
Posted in: blog Real Estate Liability
Realtor’s Need for Commercial Auto Insurance
Posted on: November 4, 2015 by
A variety of businesses require driving and commuting, whether it’s carrying passengers, deliveries, or otherwise. While personal auto insurance should be carried, this coverage does not cover business operations. Instead, a Real Estate Business Auto Policy can provide the necessary protections for your needs. Imagine, for example, you are transporting a client to a property […] Read More
Posted in: blog Business Auto Policy
Protecting your Operations: Essential Coverages
Posted on: October 30, 2015 by
As most owners and operators are aware, running a business comes with inherent risks. Depending on the type of business, risk exposures can vary greatly. However, in order to protect your operations, regardless of the nature of the company, the following components are essential to include in your Business Insurance Program. Workers’ Compensation- As this […] Read More
Posted in: BOP Business Insurance
Necessary Coverages for Real Estate Agents
Posted on: October 28, 2015 by
In our last post, we discussed the Need for Real Estate Fraud Insurance and other liability concerns for real estate agents. While this coverage is essential for protection against fraudulent activity, there are a variety of other coverages that should be carried at all times to ensure proper protection. Therefore, a comprehensive Business Insurance for […] Read More
Posted in: blog Business Insurance Real Estate
What a Robust Real Estate BOP Needs
Posted on: October 27, 2015 by
As most owners are aware, operating a real estate business comes with inherent risks. To protect against an assortment of potential liabilities, a Real Estate Business Package Policy can help to provide a safety cushion and protect against litigation, loss of business, lost revenue, and more. A Business Owners Package (BOP) includes various broad coverages […] Read More
Posted in: blog BOP Real Estate
Exploring the Need for Real Estate Fraud Insurance
Posted on: October 19, 2015 by
Unfortunately, due to past real estate schemes, today’s agents are more vulnerable to accusations of fraud. Such schemes include loan sharking, identity fraud, etc. As these scenarios can devastate individuals and businesses alike, it is important to maintain Real Estate Crime and Fidelity Insurance to protect the company from loss and litigation. As federal investigators […] Read More
Posted in: blog Real Estate Liability
The Types of Claims Real Estate Agents Face
And How to Limit Liability Real estate agents face a variety of risks during their interactions with clients. The most common types of claims can be combated with Errors and Omissions Insurance for Real Estate Professionals. As the common claims are evaluated, consider your own firm’s protection. Misrepresentation- These are one of the most common […] Read More
Posted in: blog Real Estate E&O
What E&O Risks do Real Estate Professionals Commonly Face?
NewMark is a leading insurance agency for Real Estate Liability Insurance Based in Austin and we service clients nationwide. While the real estate agents we serve are faced with a variety of risks, the following errors and omissions issues are the most common. Misrepresentation- Failure to disclose information regarding a property accounts for the majority […] Read More
Posted in: blog Real Estate E&O
Exploring the Hottest Markets for Real Estate
Posted on: September 30, 2015 by
A recent report has revealed the nation’s top real estate markets. Reflecting a buyer’s market, sales prices are decreasing as the fall months progress. As the real estate market is examined, Real Estate Liability Insurance is critical to protect agents during their field operations. While it is typical for home’s sale prices to decrease after […] Read More
Posted in: blog Real Estate Liability
Agency Files: Helping or Hurting you in a Disaster?
Posted on: September 25, 2015 by
While the eminent fall and winter months loom, threats of devastating storms continue. These threats, along with vandalism and theft, pose serious risks for insurance agencies. As many businesses keep files and confidential customer information in house, it is imperative that these documents are stored, managed and protected properly to reduce Insurance Agent E&O Liability. […] Read More
Posted in: blog Insurance Agent Professional Liability
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