Professional Liability
1st Choice+ for Real Estate Professionals
Travelers understands that, while you may be committed to your customers, they may not always return the favor. Your financial security can depend on how well protected you are from a lawsuit or claim.
By choosing Travelers 1st Choice+SM for Real Estate Professionals, a new state-of-the-art professional liability policy, you can be protected from existing and emerging exposures. Travelers has solid financial strength and more than 50 years of expertise in the Real Estate professional liability industry, so you can be assured that you have knowledge and stability on your side.
Coverage Features
Bodily Injury and Property Damage
No sub-limits or exclusions for bodily injury or property damage claims arising out of real estate agent or broker services.
Pollution, Fungi, Bacteria
No sub-limits or exclusions for failure to advise of pollution, fungi, bacteria.
Pre-Claim Assistance
Covers expenses associated with the evaluation and mitigation of a potential claim. The limit of liability or the deductible do not apply to pre-claim expenses.
Network and Information Security Offense Coverage
Covers claims for the transmission of a computer virus; claims for the failure to control access to the insured’s computer or network; and the failure to prevent unauthorized access to, or use of, data containing confidential information of others.
Crisis Event Expense Reimbursement
Reimburses costs of consulting services of a public relations firm incurred in response to a crisis event that has had a material adverse impact on the named insured’s reputation. A crisis event includes the death or departure of principal, potential dissolution of the named insured, workplace violence, or other event that has a material adverse effect on the named insured’s reputation. Limits are $10,000/$30,000. All payments are outside of the limit and no deductible applies.
This coverage applies to any or all of the following services you perform:
• Abstractor
• Auctioneer
• Real estate agent or broker
• Title agent, title searcher, abstractor, closing agent or escrow agent
• Title-opinion lawyer
• Witness closer
To Purchase Insurance From Travelers
To purchase insurance from Travelers, contact your independent insurance agent or broker. We choose independent agents based on their expertise and ability to provide high quality customer service. Find an agent or broker near you.
