Pricing numbers are based on representative partner data for 2024-2026 general liability policies. Based on policies from Sep 25, 2024 through Sep 15, 2026.
GENERAL LIABILITY
Real Estate $23/month for general liability
WHY IT MATTERS
Why Real Estate need business insurance
Real estate work can involve visitors, professional advice, buildings, employees, and vehicles. Business insurance can address different parts of that risk, subject to each policy's terms and exclusions.
SCENARIO 1
A visitor is injured
A prospective tenant slips during a property tour and alleges an injury. General liability insurance may help with covered medical expenses, legal defense, or a settlement.
SCENARIO 2
A client alleges an error
A client claims that an oversight in your professional services caused a financial loss. Professional liability/errors and omissions coverage may help with covered defense costs or damages.
SCENARIO 3
Business property is damaged
A covered event damages office furniture, computers, or other insured property. Commercial property insurance may help pay for covered repair or replacement costs after the deductible.
PRICING FACTORS
What determines your rate
Your actual quote depends on several factors specific to your operation:
Services performed
Activities involving professional advice, property oversight, development, or frequent public interaction may lead to a higher quote than more limited operations.
Business revenue
Higher revenue can indicate greater overall exposure, which may increase the quoted rate for some coverage lines.
Workforce size
More employees or higher payroll may increase the quote for workers' compensation and other workforce-related coverage.
Property details
More locations, greater insured values, or complex building uses may increase the cost of commercial property coverage.
Vehicles and driving
More business vehicles, drivers, or time on the road may increase the quote for commercial auto coverage.
Claims history
Recent or repeated claims may lead an insurer to quote a higher rate or apply different coverage terms.
Rate change by revenue tier
Estimated monthly premium range. These are estimates, not a quote — actual rates vary by business.
Most quoted tier: $100K–$499K
National data
National rate factors
In a national market, rates and requirements vary by state and by carrier, while each business's locations and operations also shape the quote.
State requirements
Rules and coverage requirements differ by state, so the states where your business operates may affect the policies and terms available.
Property locations
Insurers may consider each property's construction, occupancy, surrounding exposures, and protection features when evaluating coverage.
Market availability
The insurers willing to consider a risk can vary with the business activity, property type, and operating locations, which may influence available terms.
338
Quotes analyzed
47
States represented
7
Coverage lines
BEST RATE
How to get the best rate
Describe every operation
List your services, property types, locations, development work, and management responsibilities so the quote reflects your actual business.
Organize business records
Prepare current revenue, payroll, property, vehicle, and claims information before requesting a quote.
Document risk controls
Keep records of property maintenance, visitor safety procedures, employee training, and other controls used in daily operations.
Review contract terms
Check leases and client agreements for required coverage lines, limits, and additional insured provisions before selecting options.
FAQ
Common questions
What business insurance does a real estate business need?
The right mix depends on your services, property, workforce, vehicles, and contracts. Coverage options to evaluate include general liability insurance, professional liability/errors and omissions, commercial property, workers' compensation, commercial auto, builder's risk, and a business owners policy.
What is the difference between general liability insurance and professional liability insurance?
General liability insurance addresses covered third-party bodily injury, property damage, and related claims, while professional liability insurance addresses covered allegations involving errors or omissions in professional services. Each policy has its own terms, exclusions, and limits.
Should a real estate business consider a business owners policy?
A business owners policy may be useful when a business wants eligible general liability insurance and commercial property coverage packaged in one policy. Eligibility and included coverage depend on the insurer and the business's operations.
Does a real estate business need workers' compensation?
Workers' compensation is worth evaluating if the business has employees. Requirements vary by state, and the appropriate coverage depends on payroll, job duties, and where employees work.
How should I prepare for a business insurance quote?
Start by gathering details about your services, revenue, payroll, properties, vehicles, prior claims, and contract requirements. Accurate information helps the insurer evaluate each coverage line separately.