News & Information: Risk Management Tips

Risk Management - E & O Insurance

Friday, October 18, 2013  
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All REALTORS® need errors and omissions insurance.

REALTORS® with more than seven years in the business account for 70 percent of all E & O claims, while those with less than seven years of experience accounts for only 30 percent of claims.

Risk Management Tips of the Week are provided by the ORRA Risk Management Subcommittee as a service to ORRA members. The tips are not a substitute for individual legal consultation. Tips should not be relied upon in specific situations without consulting a real estate attorney.

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