Real Estate

Request a quote

Smart Insurance Solutions for the Real Estate Industry

Real Estate businesses are part of a market that is complex and often unpredictable and therefore face a range of industry specific risks every day.

Whether you work in the residential or commercial property market, the experienced insurance brokers at Coverforce will work hard to provide reliable, cost-effective insurance cover that meets the specific needs of your real estate business.

How Coverforce can help

  • Real Estate and Property Management has been a core focus for Coverforce for more than 15 years.
  • We have access to the markets leading Professional Indemnity Insurance product for Real Estate and Property Management businesses.
  • We currently have more than 1,000 Real Estate and Property Management businesses insured with us
  • Coverforce are the preferred Insurance provider for many large real estate networks including LJ Hooker, Laing & Simmons, Richardson & Wrench, Stockdale & Leggo and One Agency

Request a Quote

Key Insurance Considerations for Real Estate Businesses

To ensure your Valuation Business is adequately protected, Coverforce recommend you consider each of the following types of insurance:

  • Professional Indemnity Insurance

    Professional Indemnity policies are primarily designed to defend and indemnify you against most civil liability claims from third parties seeking compensation as a result of your professional negligence. Most Professional Indemnity policies provide coverage for:

  • Fidelity (usually sub-limited to $100,000 or less)
  • Employment Practices Liability
  • Statutory Liability
  • Third Party only Cyber Coverage

  • It is important to understand that the Fidelity coverage and Cyber coverage provided by Professional Indemnity policies are very limited. Comprehensive Crime (not just Fidelity), Cyber Crime and other First Party Cyber Insurance should be arranged separately.

    For more information, visit our Professional Indemnity Insurance Page

  • Cyber and Crime Insurance

    There has been a spike in cyber related crime in your sector resulting in significant losses to businesses. Cyber criminals are becoming more sophisticated and are increasingly using tactics such as identity theft to hack into systems or company processes, obtaining access to company bank accounts and trust funds. Without the correct Cyber and Crime Insurance in place, many businesses will remain uninsured for this emerging criminal activity. Cover can be arranged via a packaged Management Liability policy, or can also be arranged via standalone Cyber and Crime Insurance policies.

  • For more information, visit our Cyber and Cyber Crime Insurance Page

  • Management Liability

    Managing a business comes with its risks and responsibilities. As a director or officer of a business your personal assets as well as company assets can be exposed under many circumstances. Management Liability Insurance primarily provides coverage for Directors and Officers for loss on account of wrongful acts committed or allegedly committed in the execution of the director or officer’s duties. These policies also extend to cover:

  • Employment Practices Liability – full policy limit
  • Statutory Liability – generally up to $1,000,000
  • Crime (First Party & Third Party cover) – generally up to $1,000,000
  • Tax Audit – generally up to $100,000

  • For more information, visit our Management Liability Insurance Page

  • Business Insurance

    The risk of fire, theft, malicious damage and accidental damage of company property can be protected under a Business Insurance policy. Business Interruption (loss of revenue and additional costs), can also be insured together with other policy sections such as Glass, Money, General Property and Machinery/Electronic Breakdown. An important consideration with Business Insurance is to ensure that the risk of flood is considered, and that the flood extension is requested to be included if required. Flood is not a standard inclusion under Business Insurance policies.

  • For more information, visit our Business Package Insurance Page

  • Public Liability Insurance

    If you lease/own a company office, hold events, visit clients, participate in other sales or property management activity you will have an exposure to potential third party injury and property damage claims. Public Liability is a ‘must have’ insurance policy for all businesses who operate in the property sector.

  • For more information, visit our Public Liability Insurance Page

  • Workers Compensation Insurance

    This statutory insurance is compulsory in all states and territories for incorporated entities whom employ staff or pay wages. Workers compensation Insurance may also be required for sole traders and ABN holders.

  • For more information, visit our Workers Compensation Insurance Page

Contact Coverforce

For more information or to arrange cover, please contact our specialised team at our Coverforce Office.

Alternatively, you can simply fill out a Quote Form below and one of our insurance brokers will get in touch with you within one business day.

Request a Real Estate quote

Simply fill out the form below and we will get back to you within 1 business day. Alternatively, should you prefer to speak to someone right now, contact us during business hours to speak with an experienced insurance broker.

Fields marked with an * are required

Are you looking for expert risk advice and great value cover for your business? Call us to speak to a Coverforce insurance broker today.

Our Insurance Brokers service clients throughout Australia, with key offices in Sydney, Melbourne, Brisbane, Adelaide and Perth.

Our global insurance network

Our brokers can access more than 100 insurers across the globe to find your business quality cover at the right price.

Insurer logo AIG
Insurer logo Allianz
Insurer logo Blue Zebra
Insurer logo Calibre
Insurer logo CCI
Insurer logo CGU
Insurer logo Chubb
Insurer logo Dual
Insurer logo GIO
Insurer logo GT
Insurer logo Hannover
Insurer logo Lloyds
Insurer logo Liberty
Insurer logo Mecon
Insurer logo Miller
Insurer logo NTI
Insurer logo QBE
Insurer logo Quanta
Insurer logo UAA
Insurer logo Vero

Terms of Use  |  Legal Notices  |  Target Market Determinations  |  Contact Us  |  Copyright © 2018 Coverforce Pty Ltd. All rights reserved.