3 Reasons Real Estate Agents Need a BOP

Selling homes is both an exciting and rewarding career. However, most realtors don’t think about needing appropriate business insurance coverage. At Integra Insurance Services, we feel this is something worth talking about. Here are three reasons Huntington, TX real estate agents need a business owner’s package policy (BOP).

#1: General Liability Coverage

Perhaps the most important reason for a real estate agent to have a BOP is for the part of the policy that includes general liability coverage. Accidents can happen at open house events and if someone is injured, the real estate agent might be sued. Or what if there’s an incident and a home you are showing is damaged accidentally? Instead, it’s better to have adequate business insurance coverage ahead of time.

#2: Business Interruption Insurance

What would you do if you weren’t able to continue to operate your real estate business due to a catastrophic event? In many cases, a BOP offers a limited about of business interruption coverage. This allows you to make arrangements to keep your real estate office going even when disaster strikes.

#3: Coverage for Business Property

Life as a real estate agent means you’re constantly on the go. Since many agents likely don’t have a stationary office, it is important to have coverage for business property. This includes items such as a laptop computer, signage, marketing swag, office supplies, and more. This type of coverage could help you replace these essential items in the event of theft, fire, and more.

Are you ready to take a look at your business insurance coverage? Please contact our team at Integra Insurance Services. We proudly serve those who live in Huntington, TX and surrounding areas.