Real Estate Agency Insurance: Compare in less than 3 minutes

The importance of insurance adapted to real estate agencies

• High-stakes transactions : A mistake in a sale or lease can generate major claims.
• Increased professional responsibility : Your advice, deeds or documents are legally binding on your agency.
• Protection of offices and equipment : Your premises, files, computers must be covered against disasters.
• Risks related to rental management : Unpaid rent, damages, disputes between tenants and landlords.
• Image and reputation : A poorly managed incident can seriously damage your reputation.

Essential guarantees for real estate agencies

Why compare insurance for real estate agencies?

• Save time : Receive quotes from specialty insurers in minutes.
• Compare targeted offers : The covers are adapted to the activities of real estate agencies.
• Reduce costs : Get competitive rates without compromising on warranties.
• Personalized support : Our broker partners understand the needs of the sector.
• Avoid unpleasant surprises : Easily compare the exclusions and limitations of each contract.

Which damage insurers should you choose for a real estate agency?

Is professional liability insurance mandatory for a real estate agency?

Yes. It is usually required by regulatory authorities and protects against professional misconduct or negligence.

IN BRIEF

Insurance for real estate agencies

Real estate brokers (OACIQ) must maintain a professional liability insurance. The standard policy covers errors in description, omissions in disclosure, and erroneous advice to the buyer or seller.

Typical claim: undisclosed latent defect, incorrect measurement, misrepresentation on zoning. Minimum OACIQ limit $1 million, but $2-5 million recommended for high-end residential transactions.

Does my home insurance cover my home office if I am a real estate broker?

No. Separate professional insurance is required to cover your business activities, even from home.

What does errors and omissions insurance for real estate agents cover?

It protects against claims related to an error in a transaction, a poorly drafted contract or inaccurate information.

What are the main coverages in real estate agency insurance insurance?

A typical real estate agency insurance insurance policy in Quebec includes: general civil liability (damage to third parties), commercial property (building, equipment, stock), equipment breakdown, business interruption (income loss after a claim), and depending on the sector, professional liability or cyber-risks. Exact coverage varies by insurer and profile — your partner broker tailors the policy to your operations.

What exclusions should I check before signing?

The most common exclusions in business insurance: intentional acts, normal wear and tear, claims occurring before the policy period, certain catastrophic risks (flood, earthquake — often optional), mobile equipment off-site, and undeclared activities. Always read the exclusion clauses and declare all your operations to avoid claim denial.

Can I bundle my real estate agency insurance insurance with auto or home?

Yes. Most of our AMF-certified partner brokerage firms offer multi-product bundling. Combining business insurance with auto or home can generate a discount of 10 to 15% on total premiums, plus simplified management (one point of contact, one renewal date). At Assur360, the quote systematically evaluates the bundled option.

How does professional liability (E&O) insurance work?

Professional liability (E&O) covers errors, omissions or negligence committed in the course of your profession, plus legal defence costs. It differs from general liability (which covers bodily or property damage to third parties). Depending on your sector, E&O can be strongly recommended or required by contract (e.g. by clients or professional associations).

How long does a real estate agency insurance quote via Assur360 take?

The online form takes 3 minutes to fill out. You’ll then receive a call or email from an AMF-certified partner brokerage firm (member of the Chamber of Insurance) within 24 to 48 business hours with a personalized quote for your business. The quote is free and no obligation — you’re free to accept, decline, or negotiate.

Request your quick and free quote