Carrier

Non-admitted carrier rated "A+" (XV) by A.M. Best Company

States

Product Info

In the fall of 2010, Arrowhead acquired Alexander Anthony Insurance Agency, LLC, a leader in real estate agents and brokers errors and omissions insurance. Arrowhead and Alexander Anthony management are committed to ensure the program continues to provide the same excellent and personalized service.

Target Market

Real estate E&O insurance applicants with residential real estate income 60% or more of an applicant s gross annual income which have not been involved in a frequency of claim activity.

Program Highlights

Risk Management Services

• Insureds are members of The Real Estate Purchasing Group
• Members are eligible for risk management services including legal hotline

Payment Options

• Annual
• Per real estate transaction basis accounts eligible for monthly reporting package

Coverage Highlights

• Claims-made
• Deductibles range from $1,000 to $50,000
• First dollar defense coverage

Limits of liability

• Each claim $3 million
• Aggregate $3 million
• Discrimination $500,000 ($100,000 in standard policy form with available buy-back option)

Other acceptable real estate services:

• Appraisal
• Auctioneering
• Business brokering
• Commercial real estate
• Consulting/counseling
• Escrow agent
• Leasing agent
• Mortgage broker
• Property management
• Referral

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