A PLCSI Exclusive!
New York State Professional Liability Exclusive For all Real Estate Appraisers with an A.M. Best Rated A Excellent Insurance Carrier.
Also available in Connecticut, Illinois, Maryland, New Jersey, and Pennsylvania.
National Association of Realtors ® Realtor Benefits ® Program.
Professional Liability Consulting Services, Inc. is a Broker Member of the Victor Insurance Managers Inc.’s National Elite Broker Network and a leading and recognized industry expert for Real Estate Errors & Omissions (E&O) Insurance.
Preferred Provider and Affiliate of the Year 2000
Hudson Gateway Association of Realtors (HGAR)
We are Professional Liability Experts and Experts get results. If you are serious about reducing your insurance costs while maintaining continuity of coverage, then we are here to help you.
WHY PAY MORE IF YOU DO NOT HAVE TO?
Affordable, Reliable & Comprehensive Coverage for:
- Real estate agents;
- Real estate brokers;
- Real estate personal assistants, real estate appraisers, property managers, real estate leasing agents, short term escrow agents, mortgage brokers, and auctioneers of real property, provided that all necessary licenses and/or certifications are held by the Insured at the time of the act or omission giving rise to the claim;
- Expert witnesses or real estate consultants or counselors provided such services are limited to the areas specified above.
- Notary public; or member of a formal real estate accreditation, standards review, or similar real estate board or committee.
Note: Construction manager services are not professional real estate services.
Please be advised that the above titles, headings, definitions, terms and descriptions are for illustrative purposes only and are not a contract. Please refer to the actual policy and all endorsements for a complete description of coverage as certain Conditions & Exclusions apply.
Types of Coverage
Entity “Firm” Coverage (Blanket Coverage for all Employees & Independent Contractors)
Insured means you and any of the persons or entities listed below but only while rendering professional real estate services on your behalf for others: Any person who is or becomes your partner, officer, director, employee, member, or independent contractor during the policy period • any person previously affiliated with you as your partner, officer, director, employee, member or independent contractor.
Individual Licensee Designation Coverage (Covers only you as an individual licensee)
Insured means: You, and any of your non-licensed real estate personal assistants while acting in the course and scope of their employment by you, provided that the claim arises out of a negligent act or omission in the rendering of professional real estate services on your behalf.
You, your and yours refer to the individual licensee designated as the Named Insured in the Declarations. Note: There is ‘NO’ coverage for the actual Entity or other Appraisers.
Other Individual Licensee options may be available.
Submission Requirements
Submission Requirements for CT, IL, MD, NJ, NY, and PA:
- Fully completed, signed, and dated, Real Estate Professionals Errors and Omissions Liability Application.
- Resumes of firm’s key personnel (owners, partners & principals).
- Claims Supplement for each claim or disciplinary action in the past five (5) years, if any.
- Copy of your Declaration Page and all Endorsements, so that we may provide Prior Acts Coverage.
- Signed & Dated NY Reg.194 for New York only.
Please make all checks payable to PLCSI and remit to the address below:
PLCSI
45 KNOLLWOOD ROAD, SUITE 202
ELMSFORD, NY 10523
Very Important. Coverage cannot be bound until all required documentation, together with the premium due, is received, reviewed, and accepted by Underwriters. Coverage cannot be back-dated, so please make sure that your information is submitted on a timely basis. All submissions are individually underwritten to determine program eligibility and terms.
Email or fax completed forms to:
newbusiness@plcsi.com
Fax: 914.592.6508
Questions? Call 914.592.6505