As the middle person between a potential buyer and owner of a property, real estate agents face unique risks in terms of handling negotiations, sales and market forecasts.
Professional indemnity insurance may provide cover against possible claims by third parties that may arise while providing your professional service. FD Beck may arrange a suitable professional indemnity insurance policy fit to the specific needs of real estate agents.
Arrange a PI Insurance in Australia with FD Beck
FD Beck has a wide network of insurers in Victoria and the greater Australia who can provide insurance policies suitable real estate agents. We understand the risks involved in the industry and we can arrange a professional indemnity insurance according to your requirements. Let us know your specific needs so we can assist you with arranging your policy.
You may use our online calculator to request quotes.
HOW MUCH PROFESSIONAL INDEMNITY COVER DO I NEED?
Generally, a professional indemnity policy will provide a policy limit anywhere between $500,000 and $5,0000,0000 of cover. What is right for you will depend on the size of your business, the specifics of your work and any insurance contractual requirements you may have. In order to get a better understanding about policy limits you may require you can also refer to our blog “How much professional indemnity does a consultant need“.
DOES EVERYONE IN THE REAL ESTATE INDUSTRY NEED PROFESSIONAL INDEMNITY INSURANCE?
To operate legally in Australia, real estate agents need professional indemnity insurance.
I HAVE A BUDGET FOR PROFESSIONAL INDEMNITY COVERAGE. CAN YOU CREATE AN INSURANCE PACKAGE BASED ON MY BUDGET TO ENSURE SECURITY?
Yes, our professional insurance broker can assist you with the specific coverage based on your budget.
WHAT'S THE EASIEST WAY TO GET A QUOTE?
FD Beck Insurance Broker in Australia has an online coverage calculator available to those who wish to have an estimate. It can provide a ballpark cost for professional indemnity insurance and other business insurance policies like public liability insurance.