Protect Your Assets with Business Insurance for Real Estate Agents
When house hunters have their heart set on a particular home and the deal doesn’t go through, they may look for someone to blame. All too often, the person they consider at fault is their real estate agent. And all too often, in this day and age, they may decide to take some kind of legal action against that agent. That’s why it’s so important for agents today to have real estate agent errors and omissions insurance as part of their business insurance for real estate agents.
If you’ve been postponing purchasing real estate agent errors and omissions insurance because you think it’s too expensive, it’s time to reconsider. If you’re sued or if a court judgment goes against you and you don’t have real estate errors and omissions insurance, you will end up paying for your legal fees and other expenses out of your own pocket. Plus, purchasing real estate agent errors and omissions insurance isn’t just a good financial idea–many real estate agencies will require it before they’ll allow you to affiliate with them.
Saving Money Business Insurance for Real Estate Agents
There are ways to make real estate errors and omissions insurance–and any other type of business insurance for real estate agents–more affordable.
The most tried and true way to save money–and one that’s likely to yield you the greatest rate reduction–is shopping around for your business insurance for real estate agents. That doesn’t always mean purchasing the policy with the lowest rate. Your search should involve comparing policies and premiums from several different companies until you find the coverage that best suits both your need for business insurance for real estate agents and your budget.
Another way that you can save is by raising your policy deductibles. You can see some significant reductions in your premiums if you’re willing to take the risk of having to spend more out-of-pocket when you do have a problem.
You can also ask an insurance agent if you’re entitled to any discounts as a member of a particular organization. Discounts are sometimes available as well if you carry both your business and personal insurance with the same insurance company.
Finding Competitive Quotes for Business Insurance for Real Estate Agents
So where do you go when you’re ready to find rates and polices to compare? Netquote.com should be your starting place. You could go to the phone book, or spend hours searching online for insurance agents to contact. But netquote.com does the upfront work for you. All you have to do is fill out a form about your business and your insurance requirements and netquote.com will provide you with competitive rate quotes from several insurers in your area. Netquote.com is the fast, free and easy way to find the insurance policies and the premiums that will work best for you.
See how much you could save today on your insurance. Get your free business insurance quotes today!