CITA Insurance coverage Companies, a division of Brown & Brown Program Insurance coverage Companies, and Ascot Insurance coverage have launched a brand new E&O insurance coverage programme for actual property brokers and brokers nationwide.
The skilled legal responsibility protection supplied by the programme is tailor-made to satisfy the danger administration wants of particular person brokers, brokers and small corporations with annual revenues as much as $4m nationwide and as much as $6m in California.
The product is designed to be inclusive, catering to professionals engaged in residential and business actual property gross sales, leasing and providers, with a selected deal with residential income.
The programme presents customisable insurance coverage options and a private safety endorsement designed particularly for insured actual property brokers.
CITA Insurance coverage Companies senior vice-president Nick DeSon mentioned: “This protection was designed with the unbiased actual property skilled in thoughts.
“We’re proud to companion with the educated staff at Ascot to ship this wonderful protection and value-driven pricing to the actual property agent and dealer market.”
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CITA Insurance coverage Companies has greater than three a long time of expertise within the business property and casualty enterprise, providing specialised insurance coverage programmes for professionals throughout the US.
As a part of Arrowhead Applications, CITA presents portfolios of insurance coverage programme enterprise together with business, private, specialty, skilled legal responsibility and public entity insurance coverage.
With greater than 20 years of expertise, Ascot Insurance coverage supplies various insurance coverage product portfolio and underwriting providers.