The right real estate agent insurance can protect you in the case that a client files a liability claim against you. To ensure that you get the most out of your policy, there are a few things that you should do.
Know Your Policy
Not all coverage plans are the same. As such, it is important that you take the time to read and truly understand all aspects of your plan. If you do, you will know the best way to go about handling a claim, and possibly some ways to prevent the occurrence of a claim in the first place.
Collect Proper Documents
In the event that you do face a lawsuit, make sure that you collect all the proper documentation and keep it together for when you file as well as after, in the case that you need to reference any documents.
It is critical that you follow the given protocol to the letter. Consult with your agent to make sure that you have all of your ducks in a row. This will help make an already taxing process as smooth as possible.
Though you hope not to have to use it, real estate agent insurance can be very helpful in the event of a liability claim. By heeding the aforementioned tips you can be sure to get the most out of your policy when you face a lawsuit.