Business Insurance Specialists Pty Ltd have expertise in providing insurance for real estate agencies.
The major services offered by real estate agencies can be very broadly categorised into the following areas:
This can be further categorised into Residential or Commercial.
Real estate insurance includes coverage for the following:
Professional Indemnity exposure can sometimes be misunderstood.
The exposure will vary depending on the nature of the service and type of clientele serviced.
Real estate service providers are in the business of providing information and making recommendations including advice in the course of effecting real estate sales, property management and additional services. These activities may give rise to claims for breaches in professional duty.
Some of the more common sources of Professional Indemnity claims against real estate firms include: