Who is covered with a company E&O policy?

Under the policy of a Corporation, S-Corp, or LLC, the firm as an entity is covered as a named insured.

Under a real estate sales company, the principal broker and any licensees “hanging” their license under the firm’s license are covered for any E&O claim.

With an appraisal, escrow, mortgage broker, or property management company, the owner, employees, licensees, and independent contractors are covered.