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Updated over 5 years ago on . Most recent reply

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Robert Horton
  • Professional
  • Camden, SC
8
Votes |
8
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E&O Insurance for Flippers?

Robert Horton
  • Professional
  • Camden, SC
Posted

Just joined the site and love it! Here's my first question......my wife lists and sells all of the properties we flip. Her broker just informed her his E&O insurance does not cover properties listed by an owner/agent. Yes, she is a partner in our LLC. We run all of our sales through her as the listing agent because it helps sell the property AND to have an added layer of protection with E&O insurance. Is this something new in the industry? Can anyone recommend a good E&O carrier that doesn't have this exclusion? Thanks in advance.

Most Popular Reply

User Stats

8
Posts
8
Votes
Robert Horton
  • Professional
  • Camden, SC
8
Votes |
8
Posts
Robert Horton
  • Professional
  • Camden, SC
Replied

Thanks for the info David Oldenburg! I purchased an umbrella policy about 4 years ago but will look into the General Liability policy. 

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