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Why Real Estate Agent Insurance Is Necessary for Your Business
Selling real estate and appraising property can be complex and expose your small business to very specific risks. As a real estate agent or appraiser, you have to manage those risks with common ones most small businesses face, such as employee error, data loss or property damage. Real estate insurance is business insurance, which can help protect your small business from these risks. This coverage is important to have if you or your employees work as:
- Real estate agents
- Brokers
- Appraisers
- Managers
Business Owner’s Policy
A Business Owner’s Policy (BOP) is a good foundation for real estate insurance. It helps protect your real estate business the same way homeowner’s insurance helps protect your house and personal possessions.
A BOP combines three essential coverages into one policy. So, you’ll pay one premium for three coverages, which can help you save money.
General liability
General liability helps protect your real estate business from claims saying you caused bodily injury or property damage. For example, a client visits your office to talk about their listing and they slip and fall on ice. It won’t, however, cover you for mistakes in the professional services you provide. You’ll want to get professional liability insurance to help cover those claims.
Commercial property coverage
Commercial property coverage can help protect the physical location of your business and its equipment whether you own or lease it. This includes computers, signage and office furniture.
Business income insurance
Business income insurance helps replace your company’s lost income if you can’t open temporarily due to covered property damage.
Be a Winner
HAS Properties takes a fresh approach to helping you get the best from your property sale. We combine local expertise in the property market with international reach and a desire to go the extra mile in your search for the perfect buyer.
Communication
Real estate is a people business and the way we communicate has direct impact on your success! HAS Properties Knows: Communication Is Key!
Customer Support
We’re committed to providing the highest level of support for our customers who advertise on HAS Properties.
Resources to empower your success
At HAS Properties, we want to get behind you and the real estate industry. That’s why we’ve created Advantage!
Meet Our Team
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