AXIS
Real Estate Advantage Liability
Professional Protection Built for the Real Estate Industry
Real estate professionals face a unique blend of professional, operational, regulatory, and reputational exposures. AXIS Real Estate Advantage Liability is a specialized insurance solution designed to address the evolving risks faced by real estate brokers, property managers, leasing professionals, and related real estate service organizations. It combines core professional liability protection with a suite of industry-specific coverage enhancements tailored to how real estate businesses operate today.
Key Coverage Enhancements
- Dedicated Real Estate Services & Property Management Professional Liability Policy providing broad protection tailored to the evolving exposures of real estate professionals and property managers
- Coverage enhancement available for owned property exposures
- Flexible limit and retention structure
- Extended Reporting Period (ERP) options available
- Consider Limits up to $5M aggregate
Coverage options include:
- Contingent Bodily Injury & Property Damage
- Failure to Disclose Pollution Liability
- Failure to Disclose Mold Liability
- Drone Event Liability
- Lockbox Event Liability
- Open House Event Liability
- TCPA Violation Liability
- Third-Party Discrimination Liability
Professional Liability with Added Protection
Real Estate Advantage Liability extends beyond traditional claims-made protection with valuable first-party and supplemental coverages designed to support insureds when unexpected events occur.
Available enhancements include:
- $25K Nonprofit Directors & Officers Coverage (where applicable)
- $25K Reputation Protection Expense Coverage
- $25K Real Estate Agent Personal Protection Coverage
- $25K Claim Attendance Expense
- $25K Disciplinary Proceedings Coverage
- $25K Donation Fulfillment Coverage
- $25K Fundraising Event Blackout Coverage
- $25K Subpoena Assistance Expense
- $25K Temporary Meeting Facilities Expense
Designed for Today's Real Estate Risks
Real estate transactions increasingly involve marketing, electronic communications, drone usage, lockbox access, open house activities, and heightened fair housing scrutiny. The Real Estate Advantage Liability product was developed to help address these modern exposures through targeted coverage options that reflect the realities of today's marketplace.
Target Classes
The following is a partial list of target business classes. This list is not all-inclusive, as many policies are written for unique, one-of-a-kind E&O exposures. Coverage is not available for licensed professionals such as physicians, lawyers, architects, engineers, and CPAs.
Ideal for a broad range of real estate-focused organizations, including:
- Real Estate Agents and Brokers
- Property Managers
- Leasing Agents
- Real Estate Consultants
- Residential and Commercial Real Estate Firms
The AXIS Advantage
AXIS combines specialty insurance expertise with a deep understanding of real estate professional exposures. Real Estate Advantage Liability offers flexible coverage design, industry-focused underwriting, and solutions that can be tailored to the unique operations and risk profile of each insured.
