PBI Group has written over 50,000 real estate E&O policies for ~1,500 firms across all 50 states. The policy form is built around the actual claim categories real estate brokerages face — disclosure failures, dual-agency, fair-housing, wire-fraud — not the generalist E&O most carriers staple together.
Sales-side residential E&O is the flagship of the real estate insurance industry — and it’s where PBI Group built our reputation. Over 50,000 policies placed for ~1,500 brokerages across all 50 states, with one specialty: writing E&O that actually responds to the way real estate agents get sued.
Most carriers underwrite real estate E&O as a generic professional-liability template with a few real estate exclusions stapled on. The claim categories driving severity in this business — failure to disclose, dual agency, fair housing, wire fraud at closing, agent-as-independent-contractor disputes — aren’t edge cases. They’re the every-week reality of running a brokerage. Our policy form is written around them.
That focus shows up in the operational details brokerages actually feel: defense outside the limits, a $0 deductible-waiver option when you prevail at summary judgment, prior-acts continuity that protects your retroactive date when you switch carriers, and BI/PD extension that responds to slip-and-falls during showings. The carrier behind the program — Palomar Specialty, A rated — was built for real estate. That’s the Right Coverage at the Right Price approach in one sentence: build the form around the claim, then keep the premium honest.
E&O is the flagship — the other two close the gaps the E&O policy isn't built for.
The flagship policy for residential and commercial brokerages. PBI Group writes a Palomar-backed program admitted in all 50 states — disclosure-failure defense, dual-agency, agency-disclosure, fair-housing, contract-error and trust-account coverage built in.
Learn moreWire-fraud is the #1 claim category for real estate firms. Cyber covers the buyer's lost closing funds, the brokerage's breach-response costs, ransomware, and media-liability — pairs with E&O when a wire-fraud claim straddles both.
Learn moreBI/PD coverage for open houses, showings, and the auto exposure agents create driving clients. Hired & Non-Owned Auto is the single most-missed endorsement we see in pre-quote audits.
Learn moreBuyer sues 18 months post-close, alleging the listing agent knew about a flooding history. The seller didn't put it on the disclosure form, but the agent had taken photos of a prior water event in the basement. E&O defends the disclosure dispute and the negligent-misrepresentation count. The single highest-frequency claim category for residential brokerages.
A brokerage collected commission from both sides of a transaction. Six months later, the buyer alleges the listing-agent-doubling-as-buyer's-agent steered them toward an over-priced offer. E&O defends; the right policy form has dual-agency coverage written in, not sub-limited.
A buyer follows fake wire instructions and loses $375K of closing funds. They sue everyone in the transaction. Cyber funds the forensic investigation and the buyer's loss; E&O defends the negligent-handling allegation. The case routinely settles for six figures.
Let PBI Group get you a quote — no fluff, no pressure, just a fair price for strong coverage.
