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Updated over 1 year ago,

User Stats

119
Posts
56
Votes
Amber Forkey
Pro Member
  • Real Estate Broker
  • Watertown, NY
56
Votes |
119
Posts

Insurance Coverage Requirements: RE Brokerage vs. PM Company

Amber Forkey
Pro Member
  • Real Estate Broker
  • Watertown, NY
Posted

Looking for some general guidance in the New York insurance requirement field for opening up a new real estate brokerage. 

To my understanding thus far in my journey, I would need to obtain Errors and Omissions insurance. However, my brokerage will be focusing heavily on property management so are there different insurance policies that are needed in addition to E&O coverage? I will not be employing anyone initially if that helps at all.

Still new to this so I'm learning as I go. Any help is much appreciated!

  • Amber Forkey
  • [email protected]
  • (315) 608-1879
  • Loading replies...