Professional Liability Insurance for Real Estate, Surveyors
& Property Managers
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- Professional Liability for Real Estate, Surveyors & Property Managers
Are you a real estate company in need of liability coverage in Cyprus? Trust Cyprus Insurance offers a range of business insurance solutions, including liability coverage for real estate businesses. Our real estate liability insurance policies provide comprehensive protection in case of third-party claims against your business operations, such as property damage or personal injury. Real estate liability is ideal for real estate agents, surveyors and property managers. Browse our website to learn more about the available options and find the perfect insurance plan to safeguard your real estate business.
Why TRUST Professional Liability for Real Estate, Surveyors and Property Managers
Full Coverage
All-in-One risk coverage
Flexible
Choice of coverage based on your needs
Who Is This Insurance For?
Aimed at Real Estate Agents, Surveyors and Real Estate Managers.
Coverage
It covers the liability of the Insured and its employees by negligent acts or omissions in connection with its activities.
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FAQ
What are the requirements for this policy?
- To provide all the information required in the insurance policy or any other Form in full clarity
- Pay premiums according to the payment plan as listed on your insurance policy table
- Take all necessary measures to avoid bodily harm, loss or damage and comply with the provisions of the legislation
- Notify the company in case of change that will increase the level of risk
- Refer to the Company immediately and provide them with full details of the claim in writing
- Take reasonable precautions to prevent or reduce the claim extension
- Non-acceptance of liability, offer, promise or payment without the written consent of the Company
- Comply with the terms of the insurance policy
Are there any cover limitations in the coverage?
The deductible amount is the amount or percentage that is not covered and/or deducted from the amount for each claim separately.
There is a detailed list of coverage limitations in the insurance policy.
When does my coverage start and when it ends?
The start and end of the coverage is determined in the Table of the Insurance Contract. The duration of the insurance is 12 months, unless another insurance period is agreed between the two parties.
What is real estate liability insurance and why do I need it?
Real Estate Liability Insurance protects real estate professionals, such as landlords, property managers, and real estate agents, from financial losses due to third-party claims against their operations. This type of insurance can protect against claims of property damage or personal injury caused by the actions of the real estate professional or the property they manage. It's essential to have this type of insurance in order to protect your business and assets from potential financial losses.
What types of claims are typically covered under real estate liability insurance?
Real estate liability insurance typically covers claims arising from property damage or personal injury caused by the actions of the real estate professional or the property they manage. This may include slip and fall accidents, property damage caused by tenants, and errors or omissions in the sale or management of a property.
Is real estate liability insurance mandatory for real estate professionals?
Real estate liability insurance is not mandatory for real estate professionals, but it is highly recommended to buy it if you want to protect your business and assets from potential financial losses.
How do I determine the level of coverage my business needs for real estate liability insurance?
The level of coverage your business needs for Real Estate Liability Insurance will depend on the size and type of properties you manage, the number of properties you manage, and the level of risk associated with your business operations. It's essential to work with an experienced insurance agent to determine the right level of coverage for your business.