Real Estate Agent Insurance for Brokers, Agents & Small Firms 
Is insurance required for real estate agents?
Real Estate Agent Liability Insurance That Protects Your Deals and Reputation
Real estate professionals work in a fast-paced world where transactions come with risk. With real estate agent insurance, you’re protected against claims tied to miscommunication, contract disputes, or property issues. Whether you’re an independent agent or a licensed broker, real estate agent liability insurance helps safeguard your business, reputation, and livelihood every step of the way.
Business Owners Policy Insurance
Business owners policy insurance bundles commercial property insurance and general liability insurance coverages into one affordable package for small and mid-sized companies.
Best for
Customer bodily injuries
Damaged client property
Repair stolen property
General Liability Insurance
General liability insurance is essential for small businesses looking to protect themselves against common risks like bodily injury, property damage, and legal claims.
Best for
Slip-and-fall accidents
Damage to a customer's property
Claims of advertising injury
Workers Compensation Insurance
Required by law in many states, workers compensation insurance helps cover medical expenses, lost wages, and rehabilitation costs for on-the job injuries
Best for
Injuries sustained while working
Work-related illnesses
Medical expenses and rehabilitation costs
Professional Liability Insurance
Professional liability insurance, also known as errors and omissions insurance, is designed to protect your small business from claims of negligence, missed deadlines, or unsatisfactory work.
Best for
Claims of missed deadlines
Lawsuits of inaccurate advice
Claims of misrepresentation
Cyber Insurance
Cyber insurance protects against the financial fallout of stolen data, system outages, and regulatory fines. It's strongly recommended if your businesses handles credit card numbers, email addresses, and other personal information.
Best for
Protect against hacking
Covering breach notification costs
Protections against malware
Commercial Auto Insurance
Commercial auto insurance covers the cost of accidents involving a vehicle owned by your business. Most states require this coverage for vehicles owned by a business.
Best for
Bodily injury in accidents
Property damage in accidents
Protections against uninsured motorists
Key Types Of Real Estate Broker Insurance
From contract disputes to allegations of misrepresentation, claims can arise even when you feel you’ve done everything right. Real estate broker insurance helps cover legal fees, settlements, and other costs so you can focus on your clients and career instead of financial setbacks.
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Professional Liability (E&O) Insurance – Protects against client claims of mistakes, omissions, or negligence.
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General Liability Insurance – Covers third-party property damage or bodily injury.
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Cyber Liability Insurance – Safeguards against digital threats, ransomware, and data breaches.
The best way to find your real estate agent insurance is to get a free, online quote in minutes!
Understanding Risks Of Being A Real Estate Agent
Real estate transactions are complex, and even small errors can have big consequences. Risks include:
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Errors and Omissions (E&O) – Miscommunication or contract issues that impact a sale.
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Client Disputes – Allegations of misrepresentation during property transactions.
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Property Damage – Accidental damage while showing or staging a home.
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Regulatory Requirements – Certain brokerages or states may require proof of coverage.
Count on Fast Support for Your Business When the Unexpected Happens
When an incident affects your business, you deserve support that works as hard as you do. Gild’s Claims Concierge helps you navigate the business insurance claims process with speed, clarity, and confidence.
Our team works alongside you to:
- File and manage claims efficiently to minimize downtime and stress.
- Coordinate directly with your insurance provider for faster resolutions.
- Connect you with trusted repair and recovery partners to restore operations quickly.
Our goal is simple: get you back to serving clients and growing your business as quickly as possible. We’re here to keep you steady, supported, and ready for whatever comes next.
Get The Best Real Estate Agent Insurance Today!
Building a successful real estate career takes time, training, and trust. As you move from licensing to building your client base, Gild is here to help you protect each step with customized real estate agent insurance coverages. Whether you’re just getting started or growing your own firm, our policies adapt to fit your stage of business.
Frequently Asked Questions
Yes! Often by regulation or contract:
- Many state licensing authorities require Errors & Omissions coverage as part of licensure.
- Brokerages and agencies often require individual E&O and liability proof before agents can operate under their umbrella.
- Open houses and third-party access make general liability important, even if there’s no legal mandate.
What types of insurance do real estate agents need?
Real estate professionals often require:
- Errors & Omissions (Professional Liability Insurance): crucial for claims involving failure to disclose, contract mistakes, or inaccurate advice.
- General Liability Insurance: covers third‑party bodily injury or property damage during open houses or client visits.
- BOP (Business Owner’s Policy): a bundle of property and liability coverage that often includes business interruption.
- Commercial Auto Insurance: required if you use vehicles for client meetings or showing properties.
- Cyber Liability Insurance: recommended if handling client data, contracts, or personal information digitally.
How much does real estate agent insurance cost?
On average, Gilders pay between $500-$1200 a year for protection.
Cost can vary depending on your:
- Location
- Size
- Value of Equipment and Tools
Gild will work with you to find the right tailored coverage that fits your budget and your needs.
Does insurance cover open house or showing accidents?
Not always—but tailored coverage helps:
- General liability does not automatically include injuries or property damage during showings unless you have a showing-specific or “open house” endorsement (also called contingent liability coverage).
- Without it, you may personally bear the cost if a visitor is hurt or property is damaged at a showing—even if you weren’t negligent.
- E&O insurance may cover errors related to transaction advice—but not physical injury during an open house.
Let's Protect Your Expertise Today!
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