Ohio Real Estate E&O Insurance

Real Estate Errors & Omissions (E&O) in Ohio

Ohio E&O Requirements

Whether you run a residential real estate firm in Cincinnati, manage a Cleveland property management company, focus on commercial real estate, or help clients in finding their dream home in Columbus, one thing is the same: reliable real estate E&O coverage that provides peace of mind in this dynamic market.

While it’s not mandatory that Ohio real estate agents or agencies purchase errors and omissions insurance, many real estate franchises in Ohio require it. Even if you are an independent real estate firm, having a quality E&O policy is essential for your Ohio brokerage.

Ohio landscape and bridge

How are Professional Liability (E&O) Real Estate Policies Different?

Real estate professional liability coverage is known by many names: “real estate E&O”, “E and O,” “errors & omissions insurance” are the most common. While these are all names for the same coverage, when comparing E&O companies to each other, they are not all the same.

Many Ohio real estate E&O policies do not adequately cover some of the frequently encountered real estate E&O claims.

For instance, many policies offer limited or no coverage for contingent bodily injury and property damage claims, property management operations, fair housing or discrimination claims, claims on agent-owned property, regulatory complaints, and more.

Even if coverage is provided for some of these categories, most E&O insurance providers set lower “sublimits” for certain categories of claims. Many broker/owners do not realize they have reduced coverage limits for certain claims until their real estate agency is facing a lawsuit.

Get E&O Options from FirmSecured

At FirmSecured, we strive to simplify the process of obtaining real estate E&O options for Ohio brokerages. As an independent firm, we work with the majority of insurance companies that offer E&O coverage for Ohio real estate businesses, enabling us to present several options for your company.

Unlike other many insurance providers, we don’t simply offer quotes. Instead, we conduct a thorough assessment of your current E&O coverage and compare it with all of your other options. Our primary goal is to assist you as a broker or owner in selecting the most comprehensive and competitively priced E&O policy for your Ohio firm.

Ready to Get Started?

Please complete the form below and we will contact you shortly to discuss your Ohio real estate professional liability options.

If you would rather schedule a Google Meet appointment to discuss your firm’s E&O options, you can book a convenient time on our calendar here.

FirmSecured is powered by Veritas Risk Management, an independent insurance agency in Northeast Tennessee.


Cyber Insurance for Ohio Firms

The Real Estate Landscape in Ohio is Changing

Several well-known franchises are now mandating that their agencies obtain cyber insurance. This is due to the growing cyber threats against real estate agencies over the past few years, such as third-party wire fraud. Regardless of whether your agency is independent or a franchisee, cyber liability insurance for Ohio real estate firms is becoming a necessity. Explore cyber insurance options for your Ohio real estate agency here.

General Liability Insurance for Ohio Real Estate Agencies

 Shielding Ohio businesses from lawsuits

 General Liability (GL) insurance is a must-have for Ohio most businesses, including real estate agencies. This coverage safeguards your Ohio real estate agency from various lawsuits and settlements. The policy covers many liability exposures commonly faced by businesses, such as bodily injury claims, personal and advertising injury, and damage to rented premises. Explore your real estate general liability options with us today.

Real Estate agent with phone