Trade insurance
Insurance for real estate agents.
Real estate E&O is required by most brokerages and some state regulators; agents face frequent disclosure and misrepresentation claims tied to transactions.
Updated 2026-05-16 · Beaconcover editorial§ 01
Why this matters
What can go wrong on the job.
- Failure to disclose. Undisclosed defects leading to buyer claims
- Misrepresentation. Inaccurate listing or advisory statements
- Contract/transaction errors. Mistakes in agreements and timelines
§ 02
Required vs recommended
What contracts require, and what's worth adding.
§ 03
Typical premium ranges
What it tends to cost.
- Professional liability: $708 avg / year[Q]Insureon
Figures are reported averages, not quotes. Actual premiums vary by state, revenue, payroll, and underwriting.
§ 04
Common gaps
Where this coverage trips people up.
Many brokerages provide group E&O — confirm gaps and tail before buying separately
Wire-fraud/social-engineering loss often needs a cyber add-on
Open-house injuries fall under GL, not E&O
§ 05
Before you bind
Questions to ask any carrier for real estate agents.
- Does the quote include the lines listed above as typically required?
- What does a certificate of insurance cost and how fast can the carrier issue one?
- How is workers' compensation rated for this trade — by payroll or by class code?
- Is there a separate deductible for tools and equipment in transit between sites?
- If a client requires an additional-insured endorsement, is there a fee?