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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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February 16, 2017

Do I have coverage for the provision of real estate services outside of BC?

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You will have coverage under the Indemnity Plan for errors occurring anywhere, provided that the claim is first made and proceedings are instituted and remain in Canada (Part II: Insuring Agreement, section 3.1). Licensees providing real estate services outside of BC should ensure that they are compliant with all licensing, legal and regulatory requirements of the jurisdiction where they are operating.

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