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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

Posted on: October 9, 2015 by

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?

Posted on: October 7, 2015 by

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

Are Drones Coming to Real Estate Practices?

Posted on: September 23, 2015 by

Last week, the National Association of Realtors (NAR) requested permission to use drones in their real estate practices. While this has been a long standing debate, Capitol Hill is now accepting waivers for those companies that wish to use drones in their business ventures. While details of this policy become available, ensure your agents are […] Read More

Posted in: blog Professional Liability Real Estate Liability

The Digital Age: Creating More Effort for Real Estate Agents?

Posted on: September 18, 2015 by

While the internet has revolutionized our world and businesses in so many positive ways, the access to information has posed some hurdles for real estate agents. A new study has indicated that the availability of online listings has increased the workload for agents. To safeguard your firm, adequate Real Estate E&O Liability coverage should be […] Read More

Posted in: blog Real Estate E&O

Cyber Security Market Gains Legislative Backing

Posted on: September 16, 2015 by

New changes to the cyber security sector are being reviewed by Congress. As millions of businesses suffer data breaches each year, the proposed law aims to protect consumers and businesses alike. As we move toward a more technology based society, a proper Cyber Security Policy can help to mitigate losses on your business’ behalf. As […] Read More

Posted in: blog Cyber Liability