Commercial E&O That Covers Personal Commercial Properties?
Hello Everyone,
I am a new real estate agent and live in Colorado. I am looking for E&O insurance that covers me while I am doing my own commercial deals- I am purchasing an apartment complex (with two other investors).
Does anyone know of a provider that does this? RISC and CRES do not, and I can't seem to find one that does. Ideally, I would like the insurance to also cover me managing my own properties as a broker as well...
Also, could I get your advice on how important is E&O coverage in the purchase of a commercial property? I would imagine it is very important when selling, but is there much liability to the buyer when purchasing?
Thank you all so much for your time and advice.
Warmly,
Maranda