NVM > Professional and business liability insurance

Professional and Business Liability Insurance.

Protect your organization from risk with our comprehensive liability insurance policies
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NVM professional and corporate liability insurance.

About insurance

Mandatory insurance
The NVM requires members to have a BAV. With us, you are guaranteed to meet the NVM's requirements.
Financial impact
A mistake by you or your colleagues can mean a huge loss for someone else. We handle the legal part and any compensation for damages.
Legal advice
This insurance offers protection against (unjustified) charges, reduces stress and provides legal support and defense.

Protection for your broker and appraiser practice

As a broker or appraiser, you often work on a variety of projects and have regular contact with various clients, principals and property managers. This entails specific risks, such as claims for damages due to inaccurate appraisals, misinterpretations in contracts or errors in legal documentation. In addition, as the owner or partner of your practice, you may be personally liable for important decisions, which can lead to liability for problems with real estate transactions or client relationships.

A combination of professional, business, director's liability provides the protection you need. It insures you against the financial consequences of claims and legal fees, so you can continue to operate with confidence and focus fully on the success of your real estate brokerage and appraisal practice.

The possibilities

Professional and corporate liability insurance.

As a broker or appraiser, you are responsible for numerous matters surrounding the purchase and sale of homes, including legal documents, inspections and transfers. During these processes, you work with different parties, which poses specific risks in terms of professional and business liability. It is important to be well-prepared so that if you or your employees make mistakes, you won't have any financial surprises.

Why choose our Professional and Business Liability Insurance for Realtors and Appraisers?

  • Save an average of 15 to 20% on your current premium.
  • Free coverage for loss of keys to the properties you manage.
  • Legal defense of wrongful charges.
  • Broad insured capacity and coverage area.
  • Arrangement to reduce deductible in settlements.
  • Standard walk-in coverage for current policyholders.
  • Freedom to use delivery terms.
  • Coverage for errors of auxiliaries and former insureds.
  • Reimbursement of expenses above the insured amount.


Curious about your premium?

 

Simply make a quick calculation and find out how much you can save. With our insurance, you enjoy the security you deserve, so you can focus on the success of your brokerage and appraisal practice.

Request 'Goed Verzekerd Check'

Directors' liability insurance

As a broker or appraiser, you are not only an entrepreneur, but also a director of your own business. This brings with it many responsibilities, and you regularly make important decisions. But sometimes mistakes can be made, and there can be consequences.

As a business owner and director, you run the risk of being held personally liable for decisions you make. This can not only have business consequences, but also result in damage to your private assets, such as your home, car or savings.

Many brokers and appraisers think that business liability insurance or liability insurance for individuals covers these risks, but this is not the case. Therefore, it is essential to properly protect your private assets with directors' liability insurance.

Our directors' liability insurance is very comprehensive and offers you the following benefits:

 

  • Automatic coverage for subsidiaries.
  •  Run-out coverage for retired Director Commissioner and Supervisor is 120 months after termination of the insurance contract.
  • Coverage for rehabilitation costs.
  • Standard walk-in coverage if you were previously insured elsewhere.
  • Integration of Directors' Liability in VvE.


Curious about the possibilities?


Have questions, want to receive a personalized offer, or want to schedule a no-obligation consultation? Feel free to contact us!

Request 'Goed Verzekerd Check'

Why director liability insurance is indispensable

1

Not mandatory, but wise

Unlike professional and business liability insurance, this insurance is not required by the NVM trade association. However, it is very wise to take out this insurance so that you are prepared for unexpected situations. In addition, clients may also require you to have directors' and officers' liability insurance.

2

Financial impact

If you make a mistake, it can mean a substantial loss for someone else. But also for you: if it is your fault, you run a high risk of being held liable. With director's liability insurance, we handle the legal part and any compensation for you.

3

Protection

If you are held liable, this causes a lot of stress and hassle that you do not want: you want to continue your regular activities. With a directors liability insurance you protect yourself against (unjustified) charges and we assist you legally with advice and during the defense.

Good to know

Frequently asked questions about Liability Insurance.

Why is professional and business liability insurance wise?

What are the benefits of professional and business liability insurance?

What is the difference between professional and business liability?

Free 'properly insured' check?

As a member of NVM, you can request a free, no-obligation Goed-Verzekerd-Check. Together we will look at your current insurance policies, their coverage and policy conditions. And of course whether you can save on your premium. For all your questions about:

Insurance for your business, staff and yourself.
What coverages are really needed.
Comparing your current insurance policies.
A personalized offer with customized quote.

Team Sure for Real Estate

T: 010 - 288 44 42

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