Real Estate Agents
10 Docs
I am a sole trader, do I still need Professional Indemnity Insurance?
Last Updated: September 17, 2026Sole trader Real Estate Agents can still face Professional Indemnity claims. Whether cover is legally required depends on the licensing rules and arrangements applying to the business.
I work under a franchise, am I covered by its insurance policy?
Last Updated: September 17, 2026A Real Estate Agent working under a franchise should not assume the franchise policy automatically covers the franchisee entity, all services, limits or jurisdictions.
What information do I need to provide for a Real Estate Agent insurance quote?
Last Updated: September 17, 2026A Real Estate Agent insurance quote generally requires information about the agency, services, turnover, property activities, insurance history and required limits.
What are some common claims that Real Estate Agents experience?
Last Updated: September 17, 2026Real Estate Agent claims can arise from sales, leasing, property management, advertising, documentation, cyber incidents and dealings with clients or tenants.
Are there any industry or legislative insurance requirements for Real Estate Agents?
Last Updated: September 17, 2026Real Estate Agent insurance and licensing requirements vary between Australian jurisdictions. NSW licensees carrying out licensed activities must generally be covered by complying Professional Indemnity Insurance.
What services can I be insured for as a Real Estate Agent?
Last Updated: September 17, 2026Professional Indemnity Insurance can cover a range of Real Estate Agent services where those activities are disclosed to and accepted by the insurer.
What limit of Professional Indemnity Insurance does a Real Estate Agent require?
Last Updated: September 17, 2026There is no single Professional Indemnity limit suitable for every Real Estate Agent. The appropriate limit depends on regulatory, contractual and business exposures.
What exposures does Public Liability Insurance cover a Real Estate Agent for?
Last Updated: September 17, 2026Public Liability Insurance can respond to certain claims involving third-party personal injury or property damage arising from a Real Estate Agent's business activities.
What exposures does Professional Indemnity Insurance cover a Real Estate Agent for?
Last Updated: September 17, 2026Professional Indemnity Insurance can respond to certain claims alleging that a Real Estate Agent's professional services, advice, error or omission caused financial loss.
What types of insurance do Real Estate Agents commonly require?
Last Updated: September 17, 2026Real Estate Agents commonly consider Professional Indemnity Insurance together with Public Liability, Cyber, Management Liability and other covers depending on their services and business structure.