This product targets traditional residential real estate sales firms.
Firms that derive at least 65% of income from residential real estate sales (homes, farm Firms that have fewer that 15 agents and/or brokers and under $1,000,000 in revenue. No involvement in construction or development. Firms in operation more than 3 years or whose principal has been either an agent 5 years or a No errors and omissions claims or disciplinary actions in the past 5 years. Non-franchised real estate firms.
Up to 50 agents/brokers and $5,000,000 in revenue. 1 or 2 errors and omissions claims in the past 5 years. Disciplinary action against a member of the real estate firm. Firms that derive less than 10% of income from sales of homes built by them or a related Accounts with more that 35% or income from property management or appraisal activity may Franchised real estate firms.
A++ rated carrier. $150,000 (damages and defense) of discrimination coverage built into the policy form. Defense outside the limit. Duty to defend. Coverage for the sale of any residential owned property. Internet coverage provided. Full prior acts coverage available. $2,500/$5,000 for defense of Insureds in front of licensing or regulatory bodies. Ability to provide general liability and/or property coverage separately with other JHA markets. Optional environmental pollutants coverage.
Up to $2,000,000. Retention's start at $0 for individuals and $2,500.
