Does your E&O policy spend the money meant to settle your claim on legal bills?
A plain-English, feature-by-feature review of an actual HDI Global Real Estate Services Errors and Omissions Insurance policy sold to a real estate brokerage, compared against the PBI Group Palomar Professional Lines Real Estate Errors & Omissions Program — so you can read your own declarations page with a sharper eye.
An independent, educational comparison — not affiliated with or endorsed by HDI Global Insurance Company or CRES Insurance Services.
E&O insurance is hard to compare because the differences that decide a claim don't live on the price quote. They live in endorsements, sublimits, and definitions — often on the last pages of the policy. To keep this review honest, we gave HDI its best case: we read an actual issued policy with every coverage endorsement attached — First Dollar Defense, Discrimination Indemnity, Contingent Liability, Pollution — and where HDI's own filed forms are broader than what was issued, we credited the broader filed version. This is HDI at its best documented configuration.
Two differences matter above all the rest. First: whether your legal defense spends down your limit. On the HDI base form, defense costs are inside the limit — every dollar paid to lawyers is a dollar no longer available to settle the claim. HDI can move defense outside the limit by optional endorsement, but it was not on the policy we reviewed — if you're insured with HDI, check your declarations for it. On the Palomar program, defense outside the limit is standard: it is paid from a separate, equally sized pool, so the full limit stays intact for damages. In a serious claim with six-figure defense costs, that single structural choice can be worth more than every other row on this page combined.
Second: who is covered doing what. HDI insures only the services typed onto its declarations schedule, covers bodily injury only for the listing and sale of 1–4 unit homes, and covers an agent's spouse only for liability arising out of the agent's own services — never for the spouse's own acts. The Palomar program defines professional services broadly — down to defined transaction-coordinator administrative work — covers BI/PD for property management at full limits, and insures spouses, domestic partners, personal assistants, and full estates and heirs.
Below, we compare all 37 features. A green cell marks the stronger coverage; where both cells are green, the policies are comparable. Within this feature set no row favored HDI outright — but its genuine extras deserve naming: a $50,000 first-party cyber reimbursement and a $15,000/$30,000 not-for-profit directors reimbursement (HDI-0342) that many E&O forms lack, and the First Dollar Defense endorsement that keeps the retention off defense costs. Several other gaps below can be closed by optional HDI endorsements — defense outside limits, choice of counsel, CFPB, mobile homes — if you know to ask for them. Policy limits, deductibles, retroactive dates, and premium are not compared — those are configured per quote, not features of the form. Select any row for the details and why they matter.
What we found
Headline findings from our page-by-page review of the HDI Real Estate Services E&O policy — every endorsement read, every sublimit checked.
Side by side, coverage by coverage
Organized the way claims actually arrive — who's covered, who pays the lawyers, the big grants, the modern risks, and the reimbursements.
Definition of Named Insured HDI Real Estate Services E&O Spouse covered vicariously Part 4.4 · not for spouse's own acts PBI Group | Palomar E&O Program Broadest insured roster Definition R + PBIG Q · estates, heirs, assistants
Who the policy actually protects — the firm, its people, and those connected to them.
HDI Real Estate Services E&O
You = Named Insured; stockholders/members/partners (only as such); current & former officers, directors and employees (in scope); the spouse or qualifying domestic partner of any present or former business partner, member, officer, director, employee, or independent contractor — but ONLY for liability arising out of real estate services performed by that person, with no coverage for any act or service actually or allegedly provided by the spouse or domestic partner themselves (Part 4.4); legal representative on death/incompetence; franchisor (vicariously); professional associations/boards; independent contractors incl. Teams plus unlicensed employees of licensed ICs (Part 4).
PBI Group | Palomar E&O Program
Insured = Named Insured; past & present employees, partners, principals, shareholders, officers, directors, members; contract, temporary or leased personnel; estates, heirs, executors, administrators, assigns and legal representatives; franchisor (vicariously); the lawful SPOUSE or qualifying DOMESTIC PARTNER of an insured; Independent Contractors — broadened to include leased employees, PERSONAL ASSISTANTS and real estate TEAMS (Definition R + PBIG rewrite of Definition Q).
Definition of Claim HDI Real Estate Services E&O Standard claims-made Part 6.C · boards handled via reimbursement PBI Group | Palomar E&O Program Standard claims-made Definition K + dedicated disciplinary coverage
Whether written demands, regulatory proceedings, and non-monetary relief trigger coverage.
HDI Real Estate Services E&O
Demand for money or services alleging negligence; suits, arbitration and mediation qualify. Injunctive/non-pecuniary relief and administrative actions before boards fall outside the Claim definition — but licensing-board and regulatory matters are picked up by the dedicated disciplinary/regulatory reimbursement coverage instead (Part 6.C; HDI-0342.B).
PBI Group | Palomar E&O Program
Claim broadly defined; licensing-board matters addressed through dedicated Disciplinary Action supplementary coverage (Definition K + PBIG VI).
Professional Services HDI Real Estate Services E&O Schedule-only Part 6.F · only services on the declarations PBI Group | Palomar E&O Program Broad defined list Base definitions + PBIG additions
The breadth of the definition — it determines which activities are covered at all.
HDI Real Estate Services E&O
“Insured Services means ONLY those services stated in Item 4 of the Declarations” — activities not typed onto the schedule are simply not insured (Part 6.F).
PBI Group | Palomar E&O Program
Broad defined-capacity list — agent/broker, BPOs, leasing, auctioneer, consultant/expert witness, referral agent, notary, board member — plus Property Manager, Short-Term Escrow Agent, Business Broker, attorney legal services, and Real Estate Transaction Coordinator Administrative work — a defined term covering scheduling appointments, forwarding, reviewing, editing and correcting documents at the agent's direction, coordinating with lenders and escrow/title companies, and uploading and managing files in the brokerage filing system, performed for others for a fee — added by the PBIG Endorsement.
Independent Contractor Definition (Includes Teams) HDI Real Estate Services E&O Teams included Part 4.8 · + unlicensed IC employees PBI Group | Palomar E&O Program Teams + assistants PBIG Definition Q rewrite
Whether teams, assistants, and licensees fall inside the definition of insured.
HDI Real Estate Services E&O
Insured includes independent contractors “whether or not a Natural Person, including Teams” plus unlicensed employees of licensed ICs (Part 4.8).
PBI Group | Palomar E&O Program
Independent Contractor definition broadened to include leased employees, personal assistants, and real estate teams (PBIG rewrite of Definition Q).
Prior Knowledge (Independent Contractor Removal) HDI Real Estate Services E&O Any insured's knowledge Part 5.C.2.b · “None of You knew” PBI Group | Palomar E&O Program Leadership only PBIG I.B rewrite · principals & officers
Whether one contractor's prior knowledge of a problem is imputed to the whole firm.
HDI Real Estate Services E&O
Prior-acts coverage requires that “None of You knew, after inquiry of Your employees, agents, and clients of Your agents” — one contractor's undisclosed knowledge defeats coverage for the entire firm (Part 5.C.2.b).
PBI Group | Palomar E&O Program
Knowledge condition limited to what the firm's principals, officers, directors, members, managing brokers, or risk managers had a basis to believe — an individual contractor's silence does not void the firm's coverage (PBIG rewrite of Insuring Agreement I.B).
Innocent Insured Fraud Protection HDI Real Estate Services E&O Partial severability Part 5.B.3.b · officer knowledge imputed to entity PBI Group | Palomar E&O Program Affirmative protection GAM Exclusion A · sworn-oath standard
Preserves coverage for insureds who did not commit or know about fraudulent acts.
HDI Real Estate Services E&O
Severability within the dishonesty exclusion: one Insured Person's knowledge is not imputed to another — BUT the knowledge of the CEO, CFO, RM, or GC IS imputed to the entity, which then loses coverage (Part 5.B.3.b).
PBI Group | Palomar E&O Program
Affirmative innocent-insured protection: any insured — including the firm — who swears under oath they had no knowledge of the dishonest or fraudulent act remains covered (GAM Endorsement, Exclusion A).
Acquisitions, Mergers or Other Material Changes HDI Real Estate Services E&O Wholly-owned · 60 days Part 6.G.2 · notice always required PBI Group | Palomar E&O Program 15% threshold · 90 days PBIG General Condition Q rewrite
How coverage responds when the firm merges, acquires, or materially changes mid-term.
HDI Real Estate Services E&O
Automatic coverage limited to newly created or acquired WHOLLY-OWNED entities, and only if reported within 60 days with reasonable information; carrier may charge additional premium (Part 6.G.2).
PBI Group | Palomar E&O Program
Automatic coverage for created or acquired subsidiaries, absorbed agencies, and mergers where the Named Insured survives; notice required only if the new entity's revenues exceed 15% of the firm's — and then within 90 days (PBIG rewrite of General Condition Q).
Claims Expense Outside Limits HDI Real Estate Services E&O Inside limits · base form Part 2.B · outside-limits endorsement available PBI Group | Palomar E&O Program Outside limits PBIG · separate equal defense limit
Whether legal defense costs erode the limit of liability or sit outside it.
HDI Real Estate Services E&O
Defense costs are INSIDE the limits on the base form — Part 2.B states the insurance “reduces the Limit of Liability… by the amount of Defense Costs” — and that is how the policy we reviewed was issued. HDI can move defense costs outside the limit by optional endorsement; if you hold an HDI policy, check your declarations for it. Credit where due: the issued program includes First Dollar Defense (HDI-0315), so the retention applies to damages only.
PBI Group | Palomar E&O Program
Defense costs 100% OUTSIDE limits — a separate Claim Expenses limit equal to the full Limit of Liability (PBIG Endorsement).
Aggregate Deductible Cap HDI Real Estate Services E&O None Retention applies claim after claim, uncapped PBI Group | Palomar E&O Program 300% cap PBIG · three claims' worth maximum
The most the firm pays in total deductibles across all claims in a policy period.
HDI Real Estate Services E&O
No aggregate deductible cap anywhere in the form — the per-claim retention applies without limit, claim after claim.
PBI Group | Palomar E&O Program
Total deductible exposure capped at 300% of the per-claim deductible per policy period (PBIG Endorsement).
Deductible Reduction Options HDI Real Estate Services E&O Up to $5,000 · strict HDI-0412 · broker must pay for qualifying items PBI Group | Palomar E&O Program Up to $5,000 · flexible PBIG V.C · buyer waivers accepted
Credits that reduce the deductible when specified risk-management steps are followed.
HDI Real Estate Services E&O
Reduction up to $5,000: $2,500 for a “qualified, comprehensive” state-approved warranty with specific coverage options (first-party warranties excluded); $2,500 for a comprehensive permit report; qualifying items must be PAID FOR BY THE BROKER/SALESPERSON at closing (HDI-0412.A).
PBI Group | Palomar E&O Program
Waiver up to $5,000: seller disclosure only if state law requires it; home warranty OR builder-provided OR buyer's written waiver; inspection report OR buyer's written waiver; board-approved OR attorney-drafted contract; NO dual-agency restriction (PBIG V.C).
Seller Disclosure Software Deductible Reduction HDI Real Estate Services E&O Not offered No equivalent anywhere in the policy PBI Group | Palomar E&O Program 50% reduction SDS Endorsement · Glide, Sellers Shield, ACPG
Deductible credit for transactions completed with approved seller disclosure software.
HDI Real Estate Services E&O
Not addressed anywhere in the form.
PBI Group | Palomar E&O Program
50% deductible reduction when seller disclosure is completed via Glide, Sellers Shield, or ACPG (SDS Endorsement).
Principal Deductible Waiver HDI Real Estate Services E&O Not offered No principal-specific waiver PBI Group | Palomar E&O Program Up to $5,000 PBIG V.C · principal acting as agent only
Waives the firm's deductible in defined situations.
HDI Real Estate Services E&O
Not addressed — no principal-specific waiver exists.
PBI Group | Palomar E&O Program
Deductible waived up to $5,000 when a Principal acts solely as buyer's or seller's agent with no ownership interest (PBIG Endorsement V.C).
Loss-Free Credit HDI Real Estate Services E&O Not offered No loss-free incentive PBI Group | Palomar E&O Program $500/yr to $2,000 PBIG V.D · claims-free deductible credit
Premium or deductible credit earned by staying claims-free.
HDI Real Estate Services E&O
Not addressed.
PBI Group | Palomar E&O Program
Deductible reduced $500 for each consecutive claims-free policy period, up to $2,000 (PBIG Endorsement V.D).
Hammer Clause aka Consent to Settle HDI Real Estate Services E&O Full hammer Part 5.A · any refusal caps liability PBI Group | Palomar E&O Program Consent required PBIG VII.A · unreasonable-refusal only
What happens if the insured refuses a settlement the insurer recommends.
HDI Real Estate Services E&O
Full hammer clause: if the insured declines a settlement the carrier recommends and the claimant would accept, the carrier's liability is cut to the proposed settlement amount plus expenses to date (Part 5.A).
PBI Group | Palomar E&O Program
Named Insured consent required to settle; the carrier's liability is capped only if consent is UNREASONABLY withheld (PBIG Endorsement VII.A).
Choice of Counsel HDI Real Estate Services E&O Carrier appoints Part 5.A · choice-of-counsel endorsable PBI Group | Palomar E&O Program Carrier appoints Duty to defend · panel counsel
The insured's role in selecting or approving defense counsel.
HDI Real Estate Services E&O
Carrier has the right and duty to appoint an attorney and defend; the insured may engage additional counsel at its own expense (Part 5.A). An endorsement permitting the insured's choice of counsel may be available on request.
PBI Group | Palomar E&O Program
Carrier has the right and duty to defend and appoints counsel.
Discrimination Coverage HDI Real Estate Services E&O $1,000,000 HDI-0314 · damages & defense PBI Group | Palomar E&O Program Full policy limits TPFHCC · + $100K broader (GAM)
Defense and indemnity for fair housing discrimination claims.
HDI Real Estate Services E&O
Damages AND defense up to the lesser of the per-claim limit or $1,000,000 (Discrimination Indemnity Endorsement HDI-0314; base form pays defense costs only).
PBI Group | Palomar E&O Program
Fair Housing Claims covered for damages AND defense at FULL policy limits (TPFHCC Endorsement), plus $100,000 for broader discrimination claims (GAM Endorsement).
Contingent Bodily Injury / Property Damage HDI Real Estate Services E&O $250,000 · sale only HDI-0311 · listing/sale of 1–4 unit residential PBI Group | Palomar E&O Program Full limits incl. PM PBIG Exclusion B rewrite + GAM $250K
BI/PD claims arising out of professional services that a standard exclusion would otherwise bar.
HDI Real Estate Services E&O
$250,000 contingent BI/PD — but ONLY for the listing and sale of 1-4 unit residential property (HDI-0311); does not extend to property management.
PBI Group | Palomar E&O Program
$250,000 contingent BI/PD (GAM) PLUS full-limits BI/PD for Real Estate Professional Services — including property management — via the PBIG rewrite of Exclusion B.
Agent-Owned Property HDI Real Estate Services E&O Broad w/ C-D endorsement HDI-2005 · sale, leasing/PM, construction carve-outs PBI Group | Palomar E&O Program Purchases, flips, raw land PBIG Exclusion G rewrite · no conditions
Coverage when the agent holds an ownership interest in the property in the transaction.
HDI Real Estate Services E&O
Credited with HDI's construction/development endorsement — its broadest agent-owned option. Carve-outs: actual or attempted sale (not purchase) of Residential or Commercial Property none of You constructed or developed, or Land, subject to disclosure conditions; leasing or management of owned Residential Property where Your ownership interest was disclosed to and acknowledged by the tenant in writing before the lease — at a $25,000 per claim / $50,000 per policy sublimit; and sale of Residential Property developed or constructed by a business entity owned by any of You, at a scheduled Construction/Development sublimit with its own retroactive date. Agent purchases remain excluded throughout.
PBI Group | Palomar E&O Program
Covered: PM on owned property, purchases, raw land, and owned residential with no conditions; flips/renovations with no parameters; commercial and constructed/developed property at a $50,000 sublimit; guaranteed-sale contracts (PBIG rewrite of Exclusion G).
Lockbox & Open House HDI Real Estate Services E&O Lockbox PD only Open house via $250K contingent grant only PBI Group | Palomar E&O Program Both defined coverages Definitions S & U · dedicated sublimits
Property damage and theft claims arising from lockbox or open house access.
HDI Real Estate Services E&O
Lockbox addressed via a property-damage exception in Exclusion 1.a(1). Open-house BI/PD reachable only through the $250,000 Contingent Liability endorsement's care/custody carve-out.
PBI Group | Palomar E&O Program
Lock-Box Claims and Open House Claims are each DEFINED covered claim types with dedicated sublimits (Definitions S & U; Dec Items).
Pollution HDI Real Estate Services E&O $1,000,000 · one trigger HDI-0411 · disclosure only · 1–4 unit residential PBI Group | Palomar E&O Program All Real Property SPL · disclose, report, detect, or advise
Coverage for claims arising from pollution conditions connected to a transaction.
HDI Real Estate Services E&O
$1,000,000 sublimit (HDI-0411) — but ONLY for failure to disclose on residential 1-4 unit property; recovery further capped at the lesser of the sublimit or the property's most recent bona-fide sale price (Part 5.B.1.m).
PBI Group | Palomar E&O Program
Pollution coverage broadened to failure to disclose, REPORT, DETECT, or ADVISE — on ALL Real Property, not just residential (SPL Endorsement).
Fungi / Mold Coverage HDI Real Estate Services E&O Treated as a Pollutant Reached only through the pollution grant PBI Group | Palomar E&O Program Dedicated coverage PBIG · broadened to all Real Property
Whether mold-related claims are covered, sublimited, or excluded.
HDI Real Estate Services E&O
Mold expressly defined as a Pollutant (incl. “Black Molds”) — reachable only through the narrow pollution disclosure grant on residential 1-4 units (Part 5.B.1.m).
PBI Group | Palomar E&O Program
Dedicated Fungi Claims coverage; PBIG broadens the definition from Residential Real Property to ALL Real Property (Definition O rewrite).
Mobile Homes HDI Real Estate Services E&O Addable to schedule Not in base form · endorse as insured service PBI Group | Palomar E&O Program Expressly included PBIG Definition JJ
Whether sales of mobile and manufactured homes are covered or excluded.
HDI Real Estate Services E&O
Mobile and manufactured homes are not mentioned in the base form; they can be added to the declarations schedule as an insured professional service by endorsement.
PBI Group | Palomar E&O Program
Residential Real Property definition expressly includes Mobile Homes (PBIG Endorsement, Definition JJ).
Extended Reporting Period (ERP) HDI Real Estate Services E&O Purchase options only 60-day auto + 1–4 yr options (125–200%) PBI Group | Palomar E&O Program Free retirement tail Base form · + death & disability ERPs
Tail options for reporting claims after the policy period ends.
HDI Real Estate Services E&O
Automatic 60-day ERP (void if replacement E&O bought within 60 days); purchasable: 1 yr = 125%, 2 yr = 150%, 3 yr = 175%, 4 yr = 200% of premium; request within 30 days (Part 5.C.2.d-e). No death, disability, or retirement ERP.
PBI Group | Palomar E&O Program
Automatic 60-day ERP at no premium; purchasable: 1 yr = 100%, 2 yr = 150%, 3 yr = 200%; PLUS Death/Disability ERP and a FREE 3-year Retirement ERP at age 65 with 5 years continuous coverage (base form Section on ERP).
Wire Funds Transfer HDI Real Estate Services E&O $35,000 Exclusion 1.r · carve-back PBI Group | Palomar E&O Program $35,000 PBIG · Exclusion E carve-back
Losses from fraudulent wire instructions and social engineering in a transaction.
HDI Real Estate Services E&O
Exclusion 1.r bars social engineering, computer, electronic and wire fraud — but carries a carve-back providing a $35,000 sublimit for wire-fraud claims, the same limit as the Palomar program.
PBI Group | Palomar E&O Program
$35,000 sublimit for client wire-fraud losses caused by the insured's negligence (PBIG Endorsement, Exclusion E carve-back).
Copyright Infringement HDI Real Estate Services E&O Expressly excluded Exclusion 1.b · all IP barred PBI Group | Palomar E&O Program $50,000 SPL · Exclusion N carve-back
Claims over listing photos, floor plans, and marketing content.
HDI Real Estate Services E&O
EXPRESSLY EXCLUDED — Exclusion 1.b bars all copyright, trademark, patent, and intellectual-property claims with no carve-back.
PBI Group | Palomar E&O Program
$50,000 sublimit for copyright infringement claims involving photographs (SPL Endorsement, Exclusion N carve-back).
TCPA Coverage HDI Real Estate Services E&O Not addressed No TCPA coverage or carve-back PBI Group | Palomar E&O Program $50,000 SPL · Exclusion Q carve-back
Telephone Consumer Protection Act claims arising from calls and texts to consumers.
HDI Real Estate Services E&O
Not addressed anywhere in the form.
PBI Group | Palomar E&O Program
$50,000 sublimit for TCPA violations (SPL Endorsement, Exclusion Q carve-back).
CFPB Coverage HDI Real Estate Services E&O Endorsable Optional endorsement · not on reviewed policy PBI Group | Palomar E&O Program Included in $50,000 SPL · shared TCPA/CFPB sublimit
Proceedings brought by the Consumer Financial Protection Bureau.
HDI Real Estate Services E&O
Not covered by the base form or the policy we reviewed; HDI offers CFPB coverage as an optional add-on endorsement.
PBI Group | Palomar E&O Program
CFPB proceedings included in the $50,000 TCPA/CFPB sublimit (SPL Endorsement).
RESPA Defense Reimbursement HDI Real Estate Services E&O Not addressed No RESPA reimbursement PBI Group | Palomar E&O Program $10,000 SPL · when allegations disproved
Reimbursement of defense costs in RESPA proceedings.
HDI Real Estate Services E&O
Not addressed.
PBI Group | Palomar E&O Program
$10,000 reimbursement of claim expenses for RESPA proceedings when the allegations are disproved (SPL Endorsement).
Artificial Intelligence Coverage HDI Real Estate Services E&O Not addressed No AI coverage PBI Group | Palomar E&O Program $100,000 SPL IV.H · AI-Enabled Professional Services
Claims arising from the use of AI tools in delivering professional services.
HDI Real Estate Services E&O
Not addressed.
PBI Group | Palomar E&O Program
$100,000 sublimit for AI-Enabled Professional Services claims (SPL Endorsement, Section IV.H).
Drone Coverage HDI Real Estate Services E&O Not addressed No drone coverage PBI Group | Palomar E&O Program $15,000 Drone Endorsement
Claims arising from drone photography and videography in listings.
HDI Real Estate Services E&O
Not addressed.
PBI Group | Palomar E&O Program
$15,000 aggregate for drone BI/PD claims (Drone Endorsement).
Environmental Protection Agency (EPA) Coverage HDI Real Estate Services E&O Not addressed No EPA response costs PBI Group | Palomar E&O Program $10,000 BFS VI.F · audit & investigation response
Claims involving EPA regulations, such as lead-based paint disclosure requirements.
HDI Real Estate Services E&O
Not addressed.
PBI Group | Palomar E&O Program
$10,000 aggregate for attorneys' fees and costs responding to EPA audits or investigations (BFS Endorsement VI.F).
Agent Bodily Injury HDI Real Estate Services E&O Not addressed No first-party benefit · BI excluded PBI Group | Palomar E&O Program $10,000 / $50,000 BFS VI.G · agent medical expenses
Bodily injury sustained by the agent while performing professional services.
HDI Real Estate Services E&O
No equivalent first-party benefit anywhere in the form.
PBI Group | Palomar E&O Program
$10,000 per claim / $50,000 aggregate for the agent's own medical expenses from bodily injury sustained while showing residential property (BFS Endorsement VI.G).
Disciplinary Proceedings HDI Real Estate Services E&O $20K disc · $5K reg · $50K cap HDI-0342.B · retention applies · 14-day notice PBI Group | Palomar E&O Program $100,000 PBIG VI.B · no deductible
Legal expense coverage for real estate license board proceedings.
HDI Real Estate Services E&O
$20,000 per disciplinary proceeding and $5,000 per regulatory proceeding, subject to a $50,000 maximum per Policy Period, for reasonable attorneys' fees and costs of investigating or defending a proceeding before a real estate licensing board, disciplinary or regulatory official, board or agency; Retention APPLIES; notice required within 14 days of receipt (HDI-0342.B).
PBI Group | Palomar E&O Program
$100,000 aggregate, paid outside the limits and NOT subject to the deductible (PBIG Endorsement VI.B).
Subpoena Expenses HDI Real Estate Services E&O $30,000 · 21-day notice HDI-0342.D · notice condition PBI Group | Palomar E&O Program $35,000 PBIG VI.C · no notice trap
Legal advice costs when subpoenaed in connection with professional services.
HDI Real Estate Services E&O
$30,000 per subpoena; all subpoenas arising out of related claims constitute a single subpoena. A 21-day notice requirement must be met for coverage to apply (HDI-0342.D).
PBI Group | Palomar E&O Program
$35,000 aggregate for subpoena response expenses with no notice trap (PBIG Endorsement VI.C).
Reimbursement for Loss of Earnings HDI Real Estate Services E&O $750/day · $50K agg HDI-0342.A · $10K per claim PBI Group | Palomar E&O Program $500/day · $35K agg PBIG VI.A · $15K per claim
Reimburses income lost while attending trials, hearings, or depositions.
HDI Real Estate Services E&O
$750/day; $10,000 per claim; $50,000 aggregate (HDI-0342.A).
PBI Group | Palomar E&O Program
$500/day; $15,000 per claim; $35,000 aggregate (PBIG Endorsement VI.A).
Pre-Claim Assistance HDI Real Estate Services E&O CRES Risk Mgmt Program All insureds · program access PBI Group | Palomar E&O Program $750 PBIG VI.E · per policy period
Insurer-paid investigation of circumstances before they become a claim.
HDI Real Estate Services E&O
All HDI insureds receive access to the CRES Risk Management Program — a robust pre-claim risk-management resource for questions and situations before they ripen into claims.
PBI Group | Palomar E&O Program
$750 per policy period for insurer-paid pre-claim investigation (PBIG Endorsement VI.E).
Public Relations Crisis Coverage HDI Real Estate Services E&O $25K / $50K · narrow HDI-0342.C · death/dissolution/violence triggers PBI Group | Palomar E&O Program $25K / $75K PBIG VI.D
Crisis communication expenses after a covered event threatens the firm's reputation.
HDI Real Estate Services E&O
$25,000 per event / $50,000 aggregate, with narrowly defined triggers: death or incapacity of a principal, compulsory dissolution, or violent acts drawing regional or national media (HDI-0342.C).
PBI Group | Palomar E&O Program
$25,000 per crisis / $75,000 aggregate (PBIG Endorsement VI.D).
HDI figures reflect an actual HDI Global Insurance Company Real Estate Services Errors and Omissions Insurance policy (Form HDI-EO1009, administered by CRES Insurance Services, a Gallagher company) issued to a real estate brokerage for the 2025–26 term and reviewed page by page in 2026 — every endorsement included: First Dollar Defense (HDI-0315), Discrimination Indemnity (HDI-0314), Contingent Liability (HDI-0311), Pollution (HDI-0411), Broad Form Real Estate Services (HDI-0342), and Retention Reduction (HDI-0412). Where HDI's own filed forms are broader than the issued policy, the broader filed version is what we compared: the agent-owned property row credits HDI-2005 (1019) from SERFF filing MADC-132233121 in place of the issued endorsement. Palomar figures reflect the PBI Group Palomar Professional Lines Real Estate E&O Program — Palomar Specialty Insurance Company form PSIC-EO-POLICY-09.2024 with the PBI Group, General Amendatory, Special Limits, Broad Form Supplementary Payments, Third Party Fair Housing, Drone, and Seller Disclosure Software endorsements. Policy limits, deductibles, retroactive dates, and premium are not compared because they are configured individually when each quote is generated. Your policy's terms may differ, which is exactly why we recommend a review of your specific documents. HDI Global® and CRES® are trademarks of their respective owners; use here is for factual comparison only and implies no affiliation or endorsement.
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WE RECOMMEND THAT YOU REVIEW ANY PROPOSAL WITH YOUR LEGAL COUNSEL AS PART OF YOUR DECISION MAKING PROCESS. THIS PAGE IS ONLY A HIGHLIGHT OF TERMS AND DOES NOT REPRESENT ALL TERMS IN THE POLICY LANGUAGE. YOU SHOULD MAKE ALL FINAL DETERMINATIONS ABOUT COVERAGE BASED ON THE ACTUAL POLICY LANGUAGE.
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