Victor Insurance Managers LLC

Coverage is available in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.

The program offers coverage for firms and individual agents.

• The broker/firm policy covers the broker-owner, other brokers on staff, agents on staff, personal assistants, and employees and independent contractors who perform real estate services on behalf of the firm.
• The individual agent policy is transferable, allowing an agent to maintain coverage when moving from firm to firm.

Coverage is also available for a broad range of other real estate specialties, including commercial/industrial agents, farm and land agents, property management, sales and management of owned property, appraisals, sale of property constructed or developed by a related entity, auctioneers, and escrow and closing agents.

Premium rates are filed with the department of insurance in each state and are competitive in the marketplace. Rates vary, based on the type of coverage needed. The program offers a wide range of deductibles and claim limits.

If you have a claim, your claim will be handled by dedicated real estate claims specialists and attorneys across the country that specialize in real estate claims litigation.

Victor offers free pre-claims assistance to help prevent an issue from becoming a claim. Typical claims brought against real estate professionals include:

• Negligence
• Misrepresentation
• Fraud/intentional acts/misconduct
• Breach of contract
• Breach of fiduciary duty
• Civil rights/fair housing

Learn more about the E&O insurance solutions and member benefits available to REALTORS® and REALTOR®-firms from Victor Insurance Managers Inc. Included are details about claims and managing risk, information about the company, and information about how to get a quote.  

Franchise real estate brokerages have the same E&O risks as independent firms, but they do have one unique risk – their franchise brand and reputation. This reality makes protecting your well-known brand all the more important. Learn more about specialized coverage solutions for franchised firms.

Claims Scenarios go a step further to provide the outcome of the claim and provide helpful risk management tips. These stories from the real estate trenches illustrate how errors and omissions insurance can protect a real estate professional who might be "caught in the crossfire."

Read the Claims Scenarios here

CNA (Continental Casualty)

Serving businesses and professionals since 1897, CNA is the country's eighth largest commercial insurance writer and the 14th largest property and casualty company. CNA's insurance products include commercial lines, specialty lines, surety, marine and other property and casualty coverages. CNA's services include risk management, information services, underwriting, risk control and claims administration. For more information, please visit CNA at www.cna.com. "CNA" is a registered trademark of CNA Financial Corporation. Certain CNA Financial Corporation subsidiaries use the "CNA" trademark in connection with insurance underwriting and claims activities.