Just as you have many competitors in your industry, when it’s time to choose a real estate agency to pick omissions insurance for real estate agents, you have a lot of options. Many agents will do a decent job setting you up with coverage, but you want the best plan possible to protect your well-being.
Look for Experience
Some agencies in the area may have just started offering omissions insurance for real estate agents, while other may have years of experience specializing in this area. You’re almost always better off choosing someone who has a long history helping real estate agents with this coverage. Experienced agents have thorough knowledge of the real estate world and what needs you have.
Look for Flexibility
The best agencies will customize a plan to fit your business. These places can determine how much coverage you need at a cost you can afford.
Look for Responsiveness
If a client brings up an allegation of serious error or wrongdoing, you need to consult your agent quickly. A trusted agency will be available 24/7 and will respond promptly and appropriately to your requests.
You can’t expect your business to thrive without proper insurance coverage to come to your rescue in a time of need. Make sure the agency you choose has these traits.