South Carolina Real Estate E&O

South Carolina Real Estate E&O Insurance

SC Requirements for E&O

Although it is not required for South Carolina real estate brokerages or agents to purchase real estate E&O insurance coverage, most SC real estate franchises require it. The vast majority of independent real estate firms in South Carolina carry errors and omissions for peace of mind in the event of a lawsuit.

Whether your firm specializes in Hilton Head luxury real estate, does property management in Myrtle Beach, focuses on Greenville commercial real estate, or is a leader in residential real estate outside of Columbia or Charleston, you have come to the right place for SC real estate professional liability (E&O).

Chances are your firm already has a real estate errors and omissions policy in place. Keep in mind that real estate E&O is a specialized and nuanced policy. Many SC policies do not provide adequate coverage for claims that real estate agents face. 

South Carolina Beach

How do South Carolina E&O Policies Differ?

Many professional liability policies exclude contingent bodily injury and property damage claims. This means that if a client trips and falls on the stairs because an agent forgot to warn their client about a hazard, this very well could be excluded under many E&O policies. Dog bites while showing a house also fall under this category of claims.

Many policies also exclude or limit coverage for property management activities, BPO’s, escrow or discrimination/fair housing claims, or properties developed or constructed by the insured. Exclusions like these lead to costly denied claims that your firm might end up paying out of pocket.  

At FirmSecured, we won’t just hand out cheap E&O quotes. As an independent firm, we work with most of the insurance companies that offer real estate professional liability (E & O). We can present a number of options and work hard to make the process of obtaining E&O options simple. We will help you understand the differences between each company and advise as you decide the coverage your team needs.

Ready to Get Started?

Get E&O Options from FirmSecured

Get started with your South Carolina E&O options by filling out the form below. We will reach out shortly to review your options.

Want to meet now and bypass the form? Schedule time on Google Meet to review your current E&O coverage with you and to compare our E&O options. Our goal is to SC real estate agency owners and brokers find the strongest E&O policy at the best price. 

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

Charleston SC Beach

South Carolina Cyber Liability

South Carolina's Real Estate Cyber Landscape is Changing

Many franchises are now requiring their agencies to purchase cyber insurance because of the increasing cyber risk for agencies over the last few years. Even if your agency is independent or if your franchise is not yet requiring it, cyber liability insurance for real estate firms  is quickly becoming a necessity. Get Maine real estate cyber insurance options today!

Real Estate General Liability

Protecting your Maine real estate agency from lawsuits

General Liability (GL) insurance is purchased by most businesses and real estate agencies. The coverage protects your real estate agency from a number of lawsuits and settlements. The policy covers many general businesses liability exposures, such as some bodily injury claims, personal and advertising injury, and damage to premises rented to you (to name a few). Get started on your real estate general liability options.

Real Estate Agent Showing a house