A colleague of mine told our office a horrifying story yesterday. She brought a buyer to a home for a second look, paperwork in tow, as they were going to submit an offer on the spot. One of the home buyers went into the attic while his agent, the listing agent, and the rest of the party were in the kitchen area. Then CRASH! The guy in the attic fell through the garage ceiling and injured himself badly.
As the weeks followed, my colleague visited and checked in on her client as he healed. I think he spent something like 13 weeks in the hospital. Anyway, following the recovery, the homeowner, the listing agent, the buyers' agent, and both brokers were sued over the incident. When the dust settled, all but the homeowner were dismissed from the suit, but my colleague has a $6000 legal bill sitting on her desk that E&O doesn't cover. We've yet to find any insurance coverage for an event like this, even a personal umbrella policy. If anyone knows a company specifically that may cover something like this, we'd love to know!
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USAA has an umbrella policy.