Real Estate E&O Policy Advantages

Broadly Defined Professional Services

Our definition of professional services is one of the broadest in the industry. We offer coverage for a wide array of real estate professionals including real estate agents, property managers, leasing agents, appraisers, mortgage brokers, and auctioneers.

Stable Carrier

Coverage is written through an A rated carrier. We have been writing coverage with the same carrier for 30 years – the longest in the industry.

Risk Management and Loss Prevention

Our toll-free helpline offers advice before an issue becomes a claim. Free subpoena assistance and pre-claims assistance is available. Valuable online risk management tools are provided to our policyholders.

Local Claims Service

Schinnerer has local claims professionals that specialize in only real estate claims. No need to worry about a third party firm handling claims.

Extended Reporting Period Offered*

Free tail coverage provided for death, disability or retirement as follows:

  • Non-practicing “Extended Reporting Period” for non-practicing/retiring principal, partner or owner at no additional premium if they have been continuously insured with us for at least five years;
  •  Death or Disability Extended Reporting Period is available for an insured who becomes permanently disabled or dies.

Duty to Defend

Our contractual promise to you is that we have the right and duty to defend a claim even if any of the allegations of the claim are groundless, false or fraudulent.

Innocent Insured

Protection for insureds that did not commit or have prior knowledge of an intentionally wrongful, dishonest, fraudulent, malicious or criminal act or omission alleged in a claim that causes coverage to be declined.

Employment Practices Liability (EPL) Coverage

We offer EPL coverage which protects you against claims, including wrongful termination, wrongful discipline, employment-related libel or slander and employment-related misrepresentation.

Environmental Hazards

Schinnerer introduced the first E&O coverage for environmental hazards such as asbestos, lead-based paint, formaldehyde, and radon coverage. This coverage is now included at no additional premium.

Property Management*

Schinnerer offers coverage for property management of 100% owned properties.

Public Relations Coverage*

We will reimburse you up to $50,000 per policy period to hire a public relations firm to restore your reputation and good standing should the need arise.

Construction and Development

We offer coverage for the sale of properties constructed and developed by a separate but related entity.

Deductible Waiver*

An insured’s deductible can be waived up to $5,000 in a residential transaction when four risk management criteria are met.

Discrimination Coverage**

Schinnerer introduced the first E&O coverage for fair housing violation and discrimination claims. Coverage for defense and damages with a $250,000 sublimit included. Higher limits may be available.

Residential Ownership Endorsement

We offer coverage for the sale of owned residential properties.


*Contact your underwriter to confirm coverage is available in your state
**Not available in LA

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