Specializing in Mandated Real Estate Errors & Omissions Insurance
ē We put the Experience and Options in E&O programs ē
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Insurance Services Company, LLC
Kentucky Real Estate Commissionís Group Policy
Real Estate E&O Insurance
NOTE: For information about licensing please contact KREC at (502) 429-7250 or toll free at 888-373-3300
Please Support Your State ProgramOver $10.5 Million in defense costs and damages have been incurred as of January 31, 2015 for Kentucky claims administered by RISC since 2001. RISC and the carrier share a commitment to their insureds and providing valuable coverage to Kentucky licensees. Over 85% of Kentucky active licensees choose RISC. When shopping for insurance coverage itís important to ask about the companyís experience and paid claims in Kentucky. If a company is charging a very low amount, you may find the carrier doesnít provide much coverage or pay many claims.
The state group program offers affordable E&O insurance to each and every licensee by spreading the risk over a large number of insureds. Without the group programís low premium, other carriers have no incentive to offer real estate E&O policies at affordable prices. In states without a group program, real estate E&O premiums may cost thousands of dollars and some licensees report being unable to obtain insurance at any price.
Rely on the Most Experienced Provider in the Business
The Rice family
and their colleagues have specialized in mandated real estate
E&O programs since 1989. We provide group policies in 11 of the
13 states that have group programs and require licensees to
maintain insurance. CNA has more than 50 years of experience in
E&O programs, including over 20 years in real estate E&O. CNA is
the top provider of real estate liability insurance, delivering
more than 100 years of experience, industry knowledge, and
financial strength to manage even the most complex risks. You
can be confident we will be here for you even after you purchase
assume insurance companies look for reasons to deny coverage.
Our duty to find coverage where the policy supports it is our
utmost concern. Most insurance providers use one entity to sell
the policy and another to handle claims. Because we do both, the
information we provide about the policy reflects how it will
actually apply in the event of a claim. Providers who donít
administer claims may not know how the carrier actually applies
the policy when a claim is made.
You may be involved in a claim even if you did everything by the book. Some providers wonít write your coverage if you have had a claim. Or if you have a claim, they may not renew your policy! There is no need to fear reporting a claim under our program. We understand that having a claim does not mean that you did anything wrong. Anyone can be involved in a transaction that goes sour. Never think that it canít happen to you. And we are here to help you if it does.
Enrollment for April 1, 2015 -
Click the "Enroll or Renew" Button on the left for more information.
E&O Providers are the Same . . .
us at 1-800-637-7319
The program referenced herein is underwritten by Continental Casualty Company, a CNA insurance company. This information is for illustrative purposes only and is not a contract. It is intended to provide a general overview of the products and services offered. Only the applicable policy can provide the actual terms, coverages, amounts, conditions, and exclusions, which may be subject to change without notice. In the event of a claim, the nature and extent of coverage is determined based upon the claimís facts, circumstances, and allegations and application of the relevant policyís terms, conditions, and exclusions. The E&O program described herein is only available in Kentucky. CNA is a registered trademark of CNA Financial Corporation. Copyright © 2015 CNA. All rights reserved.
Insurance Services Company, LLC