Professional Liability / E&O · Calculator, Comparison & Guide

Real Estate Brokers E&O Insurance: Calculator, Comparison Table & Guide

Brokerages, agents, and property managers. Texas doesn't mandate E&O, but your MLS or franchise probably does.

Prong 1 · Interactive Calculator

Real Estate E&O Estimator

Brokerages, agents, and property managers. Texas doesn't mandate E&O, but your MLS or franchise probably does.

Results
LineEstimate
Base E&O —
Property management factor —
Commercial factor —
Agent-owned property factor —
Estimated brokerage E&O —
Per agent per year —

Illustrative math only. Rate ranges are planning bands, not quotes. Your policy wording, carrier appetite, loss history, and state decide the real number. This tool stores nothing and sends nothing.

Get the real number — Start Smart Intake

Prong 2 · Comparison Table

Real Estate E&O Options

Where brokerages buy and what's inside.

CriterionFranchise / Association PlanBrokerage Group PolicyIndividual Agent Policy
Covers all agents automaticallyIncludedIncludedExcluded
Property management E&OOptionalIncludedExcluded
Agent-owned property transactionsExcludedOptionalOptional
Lockbox / open-house property damageOptionalIncludedExcluded
Fair housing / discrimination defenseLimitedIncludedLimited
Cyber / wire fraud (social engineering)ExcludedOptionalExcluded
Best fitFranchise brokeragesIndependents, 5+ agentsSolo brokers
Included
covered in base form
Excluded
not available
Optional
available by endorsement
Limited
sublimited or conditional

Prong 3 · Deep-Dive Guide

Real Estate E&O: What Brokers, Agents, and Property Managers Face

Disclosure claims, wire fraud, fair housing, and the property-management gap.

Where the claims come from

Non-disclosure (foundation, flood, roof), misrepresentation of square footage, and dual-agency conflicts dominate.

  • Texas seller's disclosure (§5.008) compliance protects you
  • Document everything in the transaction file
  • Flood-zone disclosure is now statutory in Texas

Wire fraud is not E&O

Business email compromise that redirects closing funds is a cyber/crime claim, and E&O usually excludes it.

  • Social engineering / funds transfer fraud coverage
  • Verbal verification procedures with title companies
  • Cyber with $250K+ limits

Property management

Managing rentals adds tenant discrimination, security deposit, and habitability claims that a sales-only E&O policy excludes.

  • Affirmative PM coverage
  • Tenant discrimination defense
  • GL for the management office and non-owned auto

Frequently Asked Questions

Does Texas require E&O for real estate licensees?

No. Franchises, MLSs, and prudent brokers require it anyway, usually $1M/$2M.

Am I covered for a listing I did as a favor, without commission?

Only if the policy has 'professional services regardless of fee' wording — confirm it.

Are personal transactions covered?

Usually excluded above a small ownership threshold (10%–20%). Disclose and endorse if agents invest.

Related: real estate broker E&O · realtor errors and omissions Texas · property manager E&O

Turn the estimate into a quote

The Smart Intake takes about two minutes. A licensed advisor reviews your real estate brokers e&o exposure against 30+ Texas and Florida markets. Nothing from the calculator above is stored or sent.

Start Smart Intake

Or call (281) 671-0069

All numeric rates are 2026 Texas/Florida planning bands compiled by the agency for illustration; they are not filed rates and must be reviewed by a licensed agent before publication. Coverage descriptions are summaries only and are subject to the terms, conditions, and exclusions of the actual policy. Submitting a request does not bind coverage.