Real estate agents and property managers face a unique blend of professional liability exposures. As the market shifts, many real estate professionals are expanding into property management to generate additional income, especially in resort areas and coastal regions where rental demand is high. As a result, the lines between these once-distinct professions are increasingly blurred. The Donald Gaddis Company offers a flexible and tailored Real Estate Agents Insurance program to help agents and brokers protect clients with evolving business models.
Ideal Accounts and Appetite
This program is designed for residential and commercial real estate agents, brokers, and property managers. It’s a great fit for:
- Residential real estate agents with light to moderate property management exposure
- Agents in resort or coastal markets who manage short-term rentals
- Commercial real estate brokers seeking E&O and GL-type enhancements
- Property managers handling residential or mixed-use properties for third-party owners
Whether your client is selling suburban homes or managing multiple rental properties, we can help you find a carrier that fits their exposure and budget.
Coverage Highlights and Advantages
Our program addresses a wide range of exposures that real estate professionals face, including:
- Misrepresentation – Coverage for claims stemming from incorrect information shared with buyers, such as school district changes or structural issues.
- Lockbox liability – Sub-limits available for claims tied to property access issues.
- Environmental exposures – Protection against claims from undisclosed issues like old septic systems or soil contamination.
- Contractual errors – Defense for mistakes in contract drafting, delayed offer submissions, or negligent referrals of inspectors and other professionals.
- Property management liability – Coverage for suits from both property owners and tenants.
- Tenant discrimination – Available through select carriers, either via dedicated limits or modified exclusions.
We help you navigate complex policy language and identify the most appropriate coverage enhancements for your client’s needs.
Underwriting Notes and Minimum Premiums
Programs start as low as $400 for residential real estate agents and $1,000 for commercial agents, depending on geographic location and risk profile. We work with a fluid list of carriers, allowing us to match your submission with the most competitive and comprehensive option available.
Territories and Availability
Donald Gaddis Company offers this program in most states, including AL, AZ, CA, CO, FL, GA, HI, IL, IN, IA, KS, MI, MN, MO, NE, NY, NC, OH, OK, PA, SC, TN, TX, VA, WV, and WI. Admitted markets are available in many of these states, depending on the risk and carrier appetite.
Why Work With Donald Gaddis Company?
As a wholesale broker with deep experience in professional liability and real estate exposures, Donald Gaddis Company understands the evolving risks your clients face. We help agents and brokers find competitive markets, navigate complex program features, and secure tailored solutions that respond to both traditional and emerging exposures in real estate and property management.
From residential agents in small towns to commercial brokers operating in large metro areas, you can rely on our expertise to place your clients’ business with confidence.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for residential real estate agents, commercial brokers, and property managers, especially those with mixed roles or growing property management exposure.
Does this program include tenant discrimination coverage?
Yes, certain carriers offer tenant discrimination coverage either through a separate limit or a modified exclusion. We help you identify which option best fits your client’s needs.
Are both residential and commercial agents eligible?
Yes, we offer solutions for both residential and commercial real estate professionals. Minimum premiums may vary based on the type and scope of operations.
Is this program available nationally?
The program is available in most states, including CA, FL, TX, IL, NY, and others. Contact us for availability in your client’s specific location.
Can this policy cover agents who also manage rental properties?
Absolutely. The program is designed to accommodate real estate professionals who also act as property managers, especially in markets where this dual role is common.
Need help placing an account? Connect with a market specialist.