THIRD PARTY LAWSUITS • DEFENSE EXPENSE • FAILURE TO PERFORM
This coverage protects you, your company and employees from lawsuits brought by a third party or your client holding you responsible for failing to provide services as a Real Estate Agent or Broker. Exposures include but are not limited to:
- Third party lawsuits
- Defense expense
- Professional services (failure to perform)
If you are an Auctioneer that also markets and sells Real Estate by the auction method, and you are acting as the Real Estate Agent or Broker, then you also need this coverage in addition to an Auctioneer E&O policy.