Errors & Omissions insurance

E&O is professional liability coverage for real estate work. If a client claims you made a mistake — missed a disclosure, used the wrong form, gave incorrect information, or a deal went sideways because of an error in the file — E&O is the policy that helps defend that claim and, if needed, pay covered damages.

Think of it this way: car insurance is for wrecks. E&O is for paperwork, advice, and process mistakes.

How it covers Rise Realty agents

• Rise Realty carries a brokerage E&O policy through Pearl.
• Agents working under the Rise Realty broker are generally covered while they are acting in that role, on Rise Realty business, and following brokerage policy.
• It is meant for honest mistakes and alleged professional errors. It is not a free pass for fraud, criminal acts, or ignoring the law.
• If you think a complaint or demand letter is coming, tell Kelly or Mike right away. Late notice can put coverage at risk.

Pearl also sends short monthly risk-management newsletters. Read them. They are written to keep small problems from turning into claims.

This page is a plain-language overview for agents. It is not a summary of coverage. The policy document controls what is and is not covered.