Real Estate Insurance Policy Protects More Than Business Property from businessfirstfamily.com Real estate agents and brokers play a crucial role in the buying and selling of properties. However, their profession is not without risks. To protect themselves and their clients, it is essential for real estate agents and brokers to have insurance coverage. In this article, we will explore the various types of insurance that are important for those in the real estate industry. Types of Insurance for Real Estate Agents and Brokers 1. Professional Liability Insurance: Also known as errors and omissions insurance, this coverage protects real estate professionals from claims of negligence, errors, or omissions in their work. It provides financial protection in case a client sues for damages resulting from a mistake made by the agent or broker. 2. General Liability Insurance: This insurance protects against third-party claims of bodily injury or property damage that occur on the premises o...