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Why You Need E&O Insurance
The real estate industry is fraught with complexities, and misunderstandings or miscommunications can occur despite your best efforts. E&O insurance offers protection against claims such as failure to disclose property defects, misrepresentation, or errors in contractual agreements. Without this coverage, you could face substantial out-of-pocket expenses, which could be detrimental to your business and personal finances. By securing an E&O policy, you can focus on your work, knowing that you're protected against unforeseen liabilities.