Reading about E&O Insurance is about as exciting as doing your taxes or getting a root canal, yet with the increasing number of "distressed" sales (short sales, foreclosures, REO's), the Real Estate field will become a lot more litigious, so looking the other way is no longer a viable option.
Passing the buck (the blame) is already being observed within these mega organizations throwing us the REO crumbs. Now, more than ever, a tight and well fitting E&O Insurance policy is imperative.
How to choose, how to choose... that is the question. I recently wrote a blog on the subject titled: E&O Insurance Check-up. You might want to study it and use the information to analyze your own E&O Insurance policy.
Let's exchange tips and information here! Which E&O Insurance company do you use? Do you have any E&O horror stories? Let's learn from each other!