Table of Contents
Doc Summary
Professional Indemnity Insurance can cover a range of Real Estate Agent services where those activities are disclosed to and accepted by the insurer.
Examples can include:
- Residential property sales
- Commercial property sales
- Commercial leasing
- Property management
- Buyer advocacy
- Vendor advocacy
- Auctioneering
- Market appraisals
- Negotiation
- Transaction management
- Business broking where accepted
Which services can require additional underwriting? #
Examples can include:
- Formal property valuations
- Strata management
- Financial advice
- Holiday rental management
- Business broking
- Other specialist property services
These activities can have different:
- Licensing requirements
- Professional responsibilities
- Insurer appetite
- Policy terms
The insured business description should accurately reflect the services actually being provided.
Review your insurance before:
- Introducing a new service
- Buying another agency
- Expanding into a different property sector
- Entering a new jurisdiction
Contact our team before materially expanding the services provided by your agency.
General Advice Warning:
The information on this page is general in nature and does not
take your personal circumstances into account. You should consider
whether it is appropriate for you and seek professional advice
before making any decisions. For tailored advice, please contact
Webber Insurance Services.
