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Real Estate Errors and Omissions Insurance Corporation

A special act corporation formed pursuant to the Real Estate Services Act solely to provide errors and omissions insurance to British Columbia real estate licensees.

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Coverage

February 16, 2017

Are strata managers covered for preparation of Depreciation Reports?

Licensees preparing Depreciation Reports required by the Strata Property Act will not have coverage under the Indemnity Plan for this …

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February 16, 2017

Are all real estate services covered, including appraisal work?

Coverage under the Indemnity Plan is for claims arising out of errors by you “in performing or failing to perform real estate services for …

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February 16, 2017

Do I still have coverage after I retire or terminate my licence?

Yes, if you surrender your licence, you will continue to have coverage. This coverage applies to claims that are discovered and reported …

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