You've got car insurance, right?  Of course you do, everyone does.  But are you sure you're going to be covered if you get in an accident?  As a real estate professional you may have unknown gaps that could lead to financial ruin. 

The personal auto policy is designed to cover a car during it's daily travel to and from work and around town during your free time.  Any time you use your car for business purposes you are creating potential for disaster.  That is, unless you have endorsed your policy to cover your vehicle for business use.  So how does that affect you as a real estate professional?  Any time you're out showing your clients properties it is considered business use.  If you were in an accident and the insurance company discovered you were operating the vehicle during the course of business they have the right to deny the claim.  This may not seem like a huge issue in a fender bender, but what if you were t-boned at 40mph?  Or what if you caused serious personal injury to another driver?

Another situation to consider is perhaps you did endorse your policy to cover your business use, but for some reason you have switched vehicles with a spouse or child.  The business use classification is a auto-level endorsement which means it applies to specific vehicles, not the policy as a whole.

The moral?  Before you take your next client out to see their next dream home make sure talk to your insurance agent.  As with everything in life it costs a little bit more to be properly covered (emphasis on little), but in the case of a loss it can save you thousands if not hundreds of thousands in the case of a personal injury accident.