E&O covers your clients. EPLI covers your entity from claims by anyone working inside your operation — assistants, leasing agents, or ICs. Most real estate professionals only carry one. Serena O'Gwin-Miranda will make sure you carry both — and everything in between.
Insurance Broker — P&C, Commercial, Life & Health
Networth Insurance Services, LLC
TDI License #2466438 · Licensed in Texas Since 2019
Women-Owned Business · Texas-Only Specialist
The Coverage Gap Most Real Estate Professionals Don't Know About: Your E&O covers claims by your clients — not claims by assistants, leasing agents, or ICs working inside your operation. If someone on your team makes a wrongful termination or commission dispute claim against your LLC, your E&O policy will not respond. EPLI fills that gap. It's the policy most real estate LLC owners and PM companies don't carry until they need it.
The Complete Coverage Stack
Three policies working together. Most agents only have one. Serena will review your current coverage and identify exactly what you're missing.
Professional Liability
Covers claims by clients harmed by your professional services — missed deadlines, misrepresentation, failure to disclose. Required by Texas Broker Sponsor™ before license activation. Minimum $300K per occurrence.
Available through: Multiple carriers available — Hiscox, Victor, Next, Rice Insurance
IC & Employee Claims Coverage
If your LLC or PM company employs assistants, transaction coordinators, leasing agents, or independent contractors, EPLI covers claims they make against your entity — wrongful termination, commission disputes, discrimination, and retaliation. Your E&O policy covers client claims. EPLI covers claims from the people working inside your operation. Most real estate LLC owners don't carry it until they need it.
Available through: Victor Insurance, Pearl Insurance, specialty real estate markets
Business Owner's Policy
Covers premises liability, property damage, and general business risks. Required for property management companies under TBS PM Accelerator™ and PM Multi-family Enterprise™. Protects your operation from third-party bodily injury and property damage claims.
Available through: Multiple carriers — Hartford, Travelers, Hiscox, Nationwide
Bundled E&O + IC Dispute Coverage
Specialty policies designed for real estate entities that bundle E&O AND IC dispute coverage in one form. If your LLC operates as a brokerage entity and you bring on agents or contractors under your brand, this bundled policy covers both client-facing professional liability and internal IC relationship claims — without needing two separate policies.
Available through: Victor Insurance, Pearl Insurance, Rice Insurance — real estate specialty markets
Not sure what you're missing?
Serena will review your current coverage stack in 15 minutes and tell you exactly what gaps exist. No sales pressure — just an honest assessment.
Call (210) 202-4015 — Free Coverage ReviewReal Quote. Real Numbers.
Below is a representative E&O quote for a newly formed Texas real estate LLC — the type Serena routinely turns around within 2 hours. Coverage is bound same-day upon approval.
SAMPLE E&O QUOTE
Sunrise Realty Group Texas, LLC
New LLC — Awaiting TREC LLC Brokerage License
Effective Date
Bound Same-Day
Professional Liability (E&O) Coverage
Per Claim Limit
$1,000,000
Aggregate Limit
$2,000,000
Deductible
$2,000
Policy Type
Claims-Made
Included Coverages
Premium
Monthly Premium
$57.84/mo
Annual Premium
$694/yr
*Illustrative sample quote. Actual premiums vary by entity size, transaction volume, license type, and claims history. Contact Serena for your entity-specific quote.
How Serena's Quote Process Works
Call or Email
Serena gathers your entity name, license status, and transaction volume — 10 minutes.
Quote in ~2 Hours
Serena shops multiple carriers (Hiscox, Victor, Next, Rice) and returns the best rate.
Approve & Pay
Reply with approval. Serena sends a secure payment link. Coverage binds immediately.
Same-Day Coverage
Confirmation documents issued. Your TBS onboarding can proceed immediately.
Risk & Compliance Series
Written by Serena O'Gwin-Miranda, Insurance Broker · Networth Insurance Services, LLC · TDI #2466438
Your E&O covers claims by clients. It does not cover claims by assistants, leasing agents, or ICs working inside your operation. That gap — the EPLI gap — is where most LLC owners get hit.
Coming Soon
Fair Housing liability for property managers · Commercial GL for real estate offices · Cyber liability for agents handling earnest money · Umbrella coverage for LLC owners
Coverage by Role
Common Questions
E&O (Errors & Omissions) covers claims by your clients — buyers, sellers, tenants, or property owners — who allege your professional services caused them harm. EPLI (Employment Practices Liability) covers claims made against your LLC or entity by the people working inside your operation — assistants, transaction coordinators, leasing agents, or independent contractors — for wrongful termination, commission disputes, discrimination, or retaliation. Most real estate professionals carry E&O but not EPLI. That gap is exactly where IC and team member disputes land.
TREC rules and standard broker-sponsor agreements require that all sponsored agents carry active E&O coverage. This protects the client, the agent, and the sponsoring broker. Texas Broker Sponsor™ verifies E&O coverage as part of the onboarding process — no exceptions. Serena can typically turn around a quote within 2 hours and bind coverage same-day.
Yes. If your LLC is the licensed entity being sponsored (not you personally), the E&O policy must be in the LLC's name. A personal E&O policy does not cover claims against the entity. This is one of the most common compliance gaps we see in LLC sponsorship applications.
For a real estate LLC or property management company, EPLI typically runs $800–$1,500 per year. If your entity has assistants, leasing agents, or ICs working under it, terminations and commission disputes are a recurring feature of your business — not a rare event. This is not optional coverage for operating entities. It is a core operating expense.
Yes. Networth Insurance Services, LLC is licensed exclusively in Texas (TDI #2466438) and serves all 1,200+ Texas cities. Serena specializes in real estate professional liability and understands the broker-sponsor model — she is not a generalist carrier.
No call center. No phone trees. Serena answers personally and can typically bind coverage same-day. Call for a free 15-minute coverage review.
Networth Insurance Services, LLC · TDI #2466438 · Licensed Exclusively in Texas Since 2019 · Women-Owned Business