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Errors and omissions insurance (e&o), also called professional liability insurance, costs an average of $59 per month, or $708 annually, for real estate agents and brokers. “this is meaningful because it really tells you how to do your job and points out what most people are wary about when it comes to anyone selling something,” says anthony martin, ceo ofchoice.
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Direct insurance companies are the most common issuers, using proprietary rating systems to assess risk and determine pricing. With coterie, agents can quote and bind policies in minutes. Errors and omissions insurance (e&o), also called professional liability insurance, costs an average of $59 per month, or $708 annually, for real estate agents and brokers. At travelers, we offer competitive rates on all of our insurance policies, including discounts when you insure your auto, home and more with us.
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