Real Estate Insurance in Texas

The real estate industry can be exciting, fast-paced, and on-the-go especially in times when the real estate market is on the rise. This makes it a fun and profitable profession, but at the same time increases the likelihood for insurance claims against real estate professionals. Whether you work in Austin, Houston, Dallas, or anywhere in between, if you work in Texas odds are 98+% of real estate professionals invest in various insurance policies to manage their exposure. Below we explain the 3 main types of real estate insurance and how working in Texas may be different.

Types of Real Estate Insurance in Texas

There are 3 main types of insurance for real estate:

  • errors and omissions
  • cyber liability
  • general liability insurance

Although errors and omissions insurance is not mandated by Texas, E&O insurance is often required by another authority such as your real estate franchise or bank partners. Regardless of whether it is actually mandatory, common sense or past experiences often make signing up for errors and omissions insurance in Texas an obvious choice.

Errors and Omissions Insurance in Texas

Just as the name would suggest, errors and omissions insurance covers errors and omissions made by real estate professionals working on behalf of a real estate brokerage. Specifically, E&O typically covers situations like not disclosing relevant information about the property, or not showing a property to a prospective buyer to even bodily injury or damage that could happen during a showing. In general terms, broadform E&O policies protect both the brokerages and individual real estate agents if they’re sued by a client because of a mistake they’ve made related to transactions in real estate.

Errors and omissions insurance for real estate often covers defense costs, legal costs, and court costs related to a claim.

Prior Knowledge 1
fraud scam danger theft Insurance for Real Estate

Cyber Liability Insurance for Real Estate in Texas

Cyber Liability Insurance for real estate is a relatively new type of insurance policy in Texas that is designed to protect businesses from both 1st and 3rd party risks associated with cyber attacks and fraud. Real Estate professionals are a prime target for these types of attacks, because real estate deals involve complicated, multi-party, high value transactions and sensitive personal data.

First party Cyber Liability policies cover the real estate agent directly and include things like Cyber Extortion, Electronic Transfer Fraud, Deceptive Funds Transfer, and Telephone Tolls, to name a few. Direct coverage is important, but from what we have seen are rarely the reason why real estate professionals decide to purchase cyber liability policies. It’s the 3rd party protection that is usually the consideration, because that coverage would protect the vendor/partner or clients and in real estate deals, this is where the majority of the money is.

General Liability Insurance for Real Estate in Texas

General Liability Insurance or business liability insurance is a common type of coverage in any industry that protects businesses from claims resulting from normal business operations not specifically related to the real estate industry.

Specifically, General Liability Insurance in Texas will cover personal and advertising injury, damage to properties that are rented to your business, as well as, bodily injury or medical claims, and other common business liability exposure.

real estate agents at office

Finding the Right Partner

Trust PBI Group for your Real Estate Insurance

Navigating the regulations and designing a comprehensive policy for real estate professionals requires finding a partner with the right knowledge and experience. At PBI Group, we have written over 50,000 real estate E&O policies for thousands of real estate companies throughout the 50 states. For Cyber Liability insurance, a comprehensive plan specifically for real estate professionals doesn’t yet exist and the risks are changing and evolving constantly. PBI Group is committed to researching and working with carriers to create the best plan.

PBI Group is founded on the principles of trust, partnership, fanatical service and, most of all, industry leading E&O coverages. We do what we do because we believe there is a better way to buy professional liability insurance than online portals with cheap premiums and minimalist coverage. When your policy comes up for review, don’t just accept your renewal quote without finding out the benefits that come along with best.


Barbara Hunter
Bridgecrest Properties, Inc.

We have used Paul & PBI Group for our E&O Insurance for several years. He answers his phone or gets right back to you when called. This is so important when we have an E&O or Cyber situation we are unsure of and need a quick response. We also appreciate him talking with our agents concerning the problems that can result in an E&O claim claim. Highly recommend them for E&O insurance real estate brokerages.

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Belinda Smith
Century 21 Northside

It is always a pleasure to work with PBI Group to obtain my real estate E&O insurance for my Texas agency. Mr. Paul Bondy is very knowledgeable about the products and our company, assists me every time I call, and prompt in handling any and all issues. He, along with PBI Group, makes my job much easier.

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BJ Gober
Texas Realty Suites

What a great company to work with. I have trusted Paul Bondy and The PBI Group for many years.

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Cecil Marberry
Coldwell Banker Trusted Advisors

PBI Group was very helpful and knowledgeable throughout the whole experience of obtaining E&O insurance for my Texas-based real estate brokerage.

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Craig English
CENTURY 21 First Group

I’ve had E&O coverage for my multi-office Texas real estate company with the same insurance provider for the past 8 years. Insurance is one of those services you really don’t shop around and compare as long as your premium stays about the same as the year before. I am glad I did because PBI Group saved me thousands of dollars with better coverage than I was getting from my previous insurance provider. And they do this with great personal service.

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David Barnhart
Barnhart Realty Group

Renewing my real estate E&O Policy annually through Paul Bondy and PBI Group has always been an easy process. The quotes that I receive are always with my companies best interest in mind. I have been using PBI Group for 10+ years and have always been satisfied.

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David Norman
David Norman Realty Advisors

I have used the PBI Group for all my real estate E&O insurance needs for the past 15+ years. Great company, pricing, service, products, and follow-up responses.Great service @ a personal level!

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David Pavliska
Pavliska Realty

Great service and attention to details

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David Winans
Better Homes and Gardens Real Estate Winans

Chris Dittes takes great care of us every year and also throughout the year. Chris always answers my calls on the first try. I depend on his knowledge of real estate E&O insurance to guide us through any issues or problems. In over 30 years in the business, I would say he is one of the best in his field.

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David Watson
Coldwell Banker Watson Company

I have been using Paul and Rachel at PBI Group for my real estate E&O insurance for years. They are very professional and make it a simple process.

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Diane Sanders
Coldwell Banker First National

I am pleased with your services. I appreciate your explaining the real estate E&O coverage and helping me make the best choice for my Texas office. I also appreciate your working hard to reduce my cost.

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Don Cox
CENTURY 21 Life Changers, Inc.

Paul has represented us for many years, and we have been extremely happy with his personal attention to our needs. His prices are very competitive, and hope we can continue to use Paul for our E&O carrier for years to come. Hope everyone will give Paul a chance to work with you for your E&O coverage. We’ve been in business since 1972, and Paul has taken care of us and has done a really great job.

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Don Dahlberg
RE/MAX Premier Group

PBI Group, Paul Bondy in particular, provided excellent service throughout our recent search for E&O Insurance. Paul made our needs/concerns a priority and went above and beyond to secure a competitive quote, as well as a policy with the coverage we needed from a top rated insurance provider. Both Don Dahlberg and I were very impressed – thanks Paul!

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Earl Smith
AmStar Company, REALTORS

PBI Group has been excellent from the very beginning for our real estate E&O Policy, including coverages that apply closely to our needs, as well as fair, competitive rates. 2024 Update: We have been using PBI Group for our E&O Insurance coverage for many years and have experienced excellent service as well as very competitive rates. The staff at PBI Group is very courteous and professional. We highly recommend PBI Group.

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Jeannette Black
Coldwell Banker United Realty Professionals

Considering using PBI Group? As a client of Paul Bondy for several years, the first thing I would tell you is that Paul does what he says he will do. He has worked diligently to provide me with the kind of E&O that I want. He also takes the time to discuss what various policies provide, and to explain the clauses and what they mean to my company and my agents. I think his service goes above and beyond the service I have received from many of the other E&O providers I have used during my 34 year real estate career. I can enthusiastically recommend Paul Bondy

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Jenny Thomas
ERA Myers & Myers Realty

As Office Manager, it is my duty to sort out all things insurance for our Texas office. Paul Bondy with PBI Group is always available to answer my questions and review our E&O insurance coverage needs. He has even done so late on a Saturday evening. Working in Real Estate I appreciate that someone else is keeping the same hours I do. This year when our Cooperate offices rolled out another insurance partner we could go through I asked Paul about it. Paul gave me all the information he could find and then said, hey ask them to quote you a policy and then I will walk through it with you to make sure the coverage is what you need. I appreciate his integrity and the way he focuses on the needs of our office.

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Jerri Akins
Wright Phillips & Company

When you’re making real estate E&O insurance policy decisions you need real answers – and quickly. That’s what we got with PBI Group – real answers very quickly – plus a price that was 25% cheaper than the competition. The experience has been refreshing!

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John Sawyer
CENTURY 21 The Hills Realty

The entire PBI Group team is amazing. I have never worked with a more responsive and decisive company. They are always there when we need them. Whenever I have a question or need help with our real estate E&O insurance, Paul is there for me. He is always available, no matter the day of the week or time of the day and he explains things in a way I can understand. I trust PBI Group implicitly for my E&O insurance.

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Kelli Brennan
Coldwell Banker Properties Unlimited

PBI Group is always professional and offers us the best price for the thorough E&O insurance coverage we need for our Texas real estate brokerage.

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Linda Dietz
Century 21 United-D&D

OMG! Greatest service ever. Our agent answered the phone when I called or returned my call quickly. Would recommend them to all.

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Lindsay Barker
Keller Williams Central

Paul and his team at PBI Group have been so amazing to work with! Their response time, attention to detail, customer care, and fair pricing are why we choose to do business with the PBI Group for our E&O Insurance. I wish we had gotten into business with them sooner as we would have been saving money sooner.

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Malinda Byerly
ERA 1st Choice Real Estate

PBI Group is a great company to work with…always helpful…whether in the application phase or anything with billing etc. Great group!! 2024 Update: Great company to work with!!

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Mark Snipp
Snipp Realty Group

As a Broker/Owner, it is important to protect our brokerage and my Agents with quality E&O Insurance that actually covers our brokerage if something were to happen. Paul Bondy has been instrumental in assessing our needs and tailoring E&O Insurance to protect our real estate business. I have used Paul since 2008 through owning 2 Real Estate Brokerages and his service and knowledge has been beyond compare. I am a firm believer in you get what you pay for and PBI Group has exceeded our expectations in every way. I highly recommend using Paul Bondy if you need insurance to protect your Brokerage.

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Martha Hammond
Houston Pride Realty

I have been with another company for years, and every year they go up on the premium. They are always so anxious to get my signature on the forms, even when I am so covered up with projects. With no claims, and being with them for so long, I felt a bit rushed, and not appreciated as a client. I am looking forward to working with you since you worked with me.

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Mary Ann Green
Coldwell Banker Green Mills & Associates

Chris Dittes with PBI is great with my Texas real estate E&O Insurance. He gets me the best rates for the coverage I need, does not oversell me. He is great at follow-up and gives me plenty of notice at renewal time to makes sure I stay covered with my insurance.

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Melanie Kirchmeier
Century 21 Bill Bartlett

Century 21 Bill Bartlett has been a client with PBI Group for many years. We have complete trust in Paul and his company. Paul has guided us with knowledge and expertise while keeping the cost of insurance affordable.

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Michael Bryan
Century 21 Bryan Realty

”We have had our E&O insurance with PBI for many years. In the beginning we would get other quotes to compare but PBI always came up with the best deal. After a couple of years we quit getting other bids because PBI was always better.”

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Michael Burgin
Century 21 Hometown RE

My company has been with PBI group since its inception in 2009. Every year I have numerous calls for my business and have never waivered from coming back to Paul. I get fast response times and that means everything.

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Micki Carpenter
ERA Team Realtors

I received three bids on my E&O insurance. Although PBI Group’s was not the lowest, nor the highest, I was more comfortable with the coverage. Paul Bondy helped me to understand the differences so that I was more able to compare apples to apples. He did not rush nor pressure me, but he helped me to meet the deadlines.

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Mike McLelland
Realty Plus

”Paul, thanks for everything. Even though I procrastinated, you got it done, and at a great price savings. Thanks. ”

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Mike Mclelland
Realty Plus

We are very happy with Paul Bondy and PBI group. He gives me lots of help as needed and makes sure I get everything to him on time. I know he is trying hard to get the best rates for me.

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Nikki Boland
L. Pearl Morris Real Estate & Waimea Group, Inc.

We were very pleased with the professional and quick response we received from PBI Group for our real estate E&O insurance. Paul was very attentive and patient with us. He explained all of our options. I would be very pleased to refer anyone to PBI Group.

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Pat Fournier
Coldwell Banker FMI Realty

Paul Bondy is a true Professional. He made sure to remind me to renew my policy on time. He also shopped around for me and saved me a bunch of money. I have worked with Paul while with another Company, and followed him with his new business. I will recommend Paul to all my Fellow Realtors. Thank you Paul and good luck with PBI Group, I know you will do well.

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Patti Miller

Paul Bondy and PBI Group do a great job and we enjoy doing business with them.He sends reminder about renewals.

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Robert Herrings
CENTURY 21 Premier Realtors

I want to thank you for following up with me, but more importantly, taking the time to explain the differences between the policies. I felt totally confident in the decision I made to conduct business with PBI Group. You have delivered on your words. Again thanks, I look forward to a future business relationship with your organization.

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Rose Castro
Austin Options Realty

Been getting our E&O Insurance from Paul Bondy for years. Very quick process. Good pricing.
Excellent Service! Thank You!

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Scott Stribling
Century 21 HSK & Associates

Paul makes it so easy year after year to not only renew our real estate E&O insurance policy, but to renew our policy with confidence that he’s looking out for the best rates and coverage possible. Thanks Paul!

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Sherrie Virdell
Landmasters Real Estate

Our real estate firm has been working with Paul PBI Group on our real estate E&O insurance needs for many years. He has been in the E&O insurance business for a long time and is very knowledgeable, unlike most agents in “all lines” insurance agencies. He is quick to respond to my calls/emails, and we feel the price is fair for our coverage. Highly recommend PBI Group for your real estate E&O insurance!

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Tasia Willhite
Willhite Appraisal Company LLC

Paul provided great customer service and made the process of getting E&O insurance easy.

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Vernon Johnston
CENTURY 21 Johnston Company

I have used PBI Group and Paul for many years. I have always been impressed with their personal approach and exceptional knowledge of the E&O insurance business for real estate brokers.

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