Fred Hafdelin (Weichert Realtors)

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Rainmaker
1,528,660
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

I carry a general liability policy 1M/2M for my office, I'm not sure that extends to my clients homes with out making them additional insured; but since I don't host or allow open houses, I'm not seeing the need. (I never provided booties when I did host them years ago, nor do I ever wear them, I just remove my shoes. I do have an umbrella policy on my rental properties.

Nov 12, 2015 09:43 PM
Rainer
94,105
Val Evans
Scottsdale, AZ

I don't think many realtors realize they're engaged in a commercial business, thus requiring commericial insurance, or at the very least additional riders or umbrellas to their current policies. In today's litigious society, all it would take is for one person to ruin your day.

Nov 12, 2015 09:31 PM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Fred Hafdelin I do carry an umbrella policy.

Nov 12, 2015 09:11 PM
Rainmaker
7,785,759
Roy Kelley
Retired - Gaithersburg, MD

Smart real estate professionals will carry an umbrella liability insurance policy.

Nov 12, 2015 09:02 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you for the question. 

Nov 12, 2015 08:46 PM
Rainmaker
2,349,966
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

no.  good to know - something else to worry about

Nov 12, 2015 08:43 PM
Rainmaker
1,513,143
Raymond E. Camp
Ontario, NY

Yes I have an umbrella policy and sometimes especially with the AFC we can be insurance poor!

 

Nov 12, 2015 09:57 PM
Rainmaker
5,583,167
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I didn't realize that a policy existed to cover those situations....

Nov 12, 2015 09:36 PM
Rainmaker
1,598,452
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

No, we don't have it.

Nov 10, 2019 10:35 AM
Ambassador
6,350,068
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Far too easy to sue.

Feb 06, 2019 10:46 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Good to know Fred Hafdelin .....

Nov 13, 2015 03:14 PM
Rainmaker
617,935
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Fred,
I do keep a BIG umbrella policy.

Nov 13, 2015 10:01 AM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I have high protection limits on my E&O and have in the past had a liability rider. Now I do not.

Nov 13, 2015 12:03 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

One more reason to avoid doing open houses...

Nov 12, 2015 11:00 PM