D. Thomas Agency

sses face, such as employee error, data loss or property damage. Real estate insurance is business insurance, which can help protect your small business from these risks. This coverage is important to have if you or your employees work as:

Real estate agents
Brokers
Appraisers
Managers
Business Owner’s Policy
A Business Owner’s Policy (BOP) is a good foundation for real estate insurance. It helps protect your real estate business the same way homeowners insurance helps protect your house and personal possessions. A BOP combines three essential coverages into one policy. So, you’ll pay one premium for three coverages, which can help you save money. General liability helps protect your real estate business from claims saying you caused bodily injury or property damage. For example, a client visits your office to talk about their listing and they slip and fall on ice. It won’t, however, cover you for mistakes in the professional services you provide. You’ll want to get professional liability insurance to help cover those claims. Commercial property coverage can help protect the physical location of your business and its equipment whether you own or lease it. This includes computers, signage and office furniture. Business income insurance helps replace your company’s lost income if you can’t open temporarily due to covered property damage.