Pricing numbers are based on representative partner data for 2024-2026 general liability policies. Based on policies from Sep 25, 2024 through Aug 25, 2026.
GENERAL LIABILITY
Residential Agents/Brokers $23/month for general liability
WHY IT MATTERS
Why Residential Agents/Brokers need business insurance
Residential agents and brokers face risks during property showings, client communications, office operations, and business travel. Different policies address different parts of that exposure.
SCENARIO 1
A buyer alleges a missed detail
A client claims an error or omission in your professional services caused a financial loss. Professional liability insurance may help with the claim and related defense costs, subject to the policy.
SCENARIO 2
A visitor falls during a showing
A prospective buyer trips and is injured while touring a property. General liability insurance may help address the resulting third-party injury claim, subject to the policy.
SCENARIO 3
An employee is hurt at work
An employee is injured while performing assigned work. Workers' compensation insurance may help address the work-related injury according to policy terms and applicable requirements.
PRICING FACTORS
What determines your rate
Your actual quote depends on several factors specific to your operation:
Services and transaction activity
More transactions or a broader range of professional services can increase the exposure being reviewed and may raise the quote.
Business revenue
Higher revenue can indicate greater business activity, which may result in a higher rate.
Employees and payroll
Adding employees or increasing payroll can change workers' compensation exposure and the overall business insurance quote.
Claims history
Prior claims can lead to closer underwriting review and may increase the rate offered.
Vehicles and drivers
More business vehicles, drivers, or time on the road can increase commercial auto exposure and may raise the quote.
Limits and deductibles
Higher limits, broader coverage, or lower deductibles can increase the rate, while different selections change how much risk the business retains.
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
For a national business, rates and requirements vary by state and by carrier based on where and how the agency operates.
States of operation
Working in one state or across several states can affect underwriting, available terms, and coverage requirements.
Service territory
A wider service area and more business travel can increase the exposures considered in a quote.
Office and visitor exposure
A public office, home office, or shared workspace presents different property and general liability considerations.
204
Quotes analyzed
42
States represented
4
Coverage lines
BEST RATE
How to get the best rate
Provide accurate business details
Confirm your revenue, services, employee count, payroll, vehicles, drivers, and operating locations before requesting a quote.
Review contracts first
Check landlord, client, and other business agreements so the requested coverage and limits reflect your actual obligations.
Document risk controls
Keep written procedures for property showings, client communications, recordkeeping, office safety, and business driving.
Keep records current
Update driver lists, payroll, transaction activity, and claims information so the business can be evaluated accurately.
FAQ
Common questions
What business insurance should residential agents and brokers consider?
Common coverage considerations include professional liability, general liability, workers' compensation, and commercial auto insurance. The right combination depends on your services, employees, vehicles, contracts, and operating locations.
Does general liability insurance cover professional mistakes?
General liability insurance generally addresses third-party bodily injury and property damage claims, not allegations about professional services. Professional liability insurance is intended for claims involving alleged errors, omissions, or negligence in your work, subject to policy terms.
Do independent residential agents need workers' compensation insurance?
It depends on whether the business has employees and which requirements apply where it operates. Requirements vary by state and by carrier, so the business structure and workforce should be reviewed when requesting coverage.
Do I need commercial auto insurance when driving to showings?
Commercial auto insurance may be appropriate when vehicles are owned or used by the business. Personal auto coverage may not address every type of business use, so disclose how each vehicle is titled, driven, and used.
How can I prepare for a business insurance quote?
Gather details about your services, revenue, employees, payroll, claims, vehicles, drivers, office setup, and contract requirements. At Tivly, we help connect business owners with a licensed insurance partner based on the realities of their work.