🛡️ Errors & Omissions Insurance – Protection for Your Real Estate Career
At Alliance Bay Realty, we prioritize the protection and peace of mind of our agents. That’s why we provide comprehensive Errors and Omissions (E&O) insurance coverage to all our licensed real estate professionals.
📌 Coverage Highlights:
- $1,000,000 per claim coverage
- $1,000,000 aggregate annual coverage
- $10,000 deductible per claim (paid by the agent)
✅ Benefits to Our Agents:
- Protection Against Legal Claims
E&O insurance covers legal defense costs and potential settlements if a client files a claim related to a mistake or oversight in a transaction—even if the claim is unfounded.
- High Coverage Limits
With $1 million in coverage per claim and in total, you’re protected against substantial financial exposure, which could otherwise threaten your personal assets.
- Affordable Risk Management
At a $10,000 deductible, our policy offers agents solid protection at a reasonable shared cost—significantly less than facing a legal issue without coverage.
- Boosts Client Confidence
Clients gain peace of mind knowing their agent is professionally insured, adding credibility and trust to your services.
- Meets Brokerage and Industry Requirements
Many brokerages, MLSs, and state regulatory bodies require E&O insurance—our in-house policy ensures you meet these standards automatically when you join Alliance Bay Realty.
🧾 Summary
| Feature | Details |
| Coverage Per Claim | $1,000,000 |
| Aggregate Coverage | $1,000,000 annually |
| Deductible | $10,000 (agent responsibility) |
| Who Is Covered | All active agents with Alliance Bay Realty |
By joining Alliance Bay Realty, you’re backed by a brokerage that not only supports your growth but also protects your future.