Wouldn’t it be great if you could shop for errors and omissions (E&O)
insurance, workers’ compensation insurance, auto insurance, health insurance,
dental and vision insurance, and insurance coverage for your golden retriever,
under one roof? As a member of C.A.R., you can! • You now have access to C.A.R.
Insurance Products, which includes a streamlined menu of insurance products for
your personal and business—and pet—insurance needs. • C.A.R. Insurance Products
has joined forces with the following three insurance brokers to bring you all
the types of insurance you need under one roof … the “C.A.R. Insurance
Products” roof.
• Costello and Sons Insurance (CSI), which offers competitive and comprehensive
business and personal insurance products designed specifically for
REALTORS®.
• RealCare Insurance Marketing, Inc., which offers life, dental, vision, and
health insurance products, including guaranteed issue association health
insurance, as well as pet insurance.
• Pacific Unified Insurance Agency, which offers a legal expense reimbursement
policy to supplement your existing E&O policy.
C.A.R. has partnered with these brokers to create an “umbrella” of insurance
products. Now, your insurance options are broader yet simplified. Through
C.A.R. Insurance Products, you can access multiple insurance products to suit
your personal and business needs. This partnership, coupled with the fact that
you are a member of one of the largest trade associations in the country,
allows our insurance brokers to shop for suitable rates and coverage from many
insurance carriers on your behalf, passing on the competitive rates to
you.
The range of insurance products, designed for REALTORS® and their families and
businesses, include:
>> Business Insurance: E&O insurance, workers’ compensation, package
policy (liability/property/auto), and employment practices.
>> Personal Insurance: Home (primary, condo, rental, secondary), flood,
earthquake, course of construction, auto and motorcycle, and aircraft.
>> Pet Insurance: Policies start at $7 to $10 per month with a $50
deductible per incident.
>> Legal Expense Reimbursement: This policy can supplement your existing
E&O policy and provide reimbursement for legal expenses incurred defending
a real estate-related lawsuit.
>> Health Insurance: Medical, dental, vision, Aflac® accident and cancer
plans, and life insurance.
For more information about C.A.R. Insurance Products, call (213) 739-8371 or
visit insuranceproducts@car.org. A no-obligation risk analysis and insurance
needs assessment are available at (888) 625-7249 or www.costelloandsons.com
by clicking on the “REALTOR®” button.
C.A.R. Strategic Defense Program
The C.A.R. Strategic Defense Program works collaboratively with C.A.R.
Insurance Products to offer REALTORS® available and affordable E&O
insurance coverage. The program provides you:
>> Discounted representation by the Strategic Defense Panel attorneys
selected by C.A.R. for their expertise in the field and commitment to REALTOR®
defense.
>> Risk management seminars offered throughout the state and legal update
articles provided by Strategic Defense Panel attorneys.
If you are the broker of a small firm, you can fill out an express application
at CSI’s Web site under the Small Firm Value Plan, as well as pay online,
without the need for live assistance. An online application is available at
www.costelloandsons.com by clicking on the “REALTOR®” button, “Errors and
Omissions,” and “Apply Now.”
Talk About It on REALTOR® Blogs
Are refrigerators treated as real property when placed in a home?
Under state law can an asset management company that is not licensed by the DRE
receive a commission for the performance of real estate activities?
How do light-emitting diode bulbs stack up against compact fluorescent
bulbs?
Do you or your clients need a “Sprinker With a Brain,” a programmable system
that delivers water based on local weather conditions and Internet
updates?
A discussion of these topics and answers to these and many other questions can
be found on C.A.R.’s blogs: www.car.org/blogs
. These members-only blogs are a great place to learn
more about Green and Legal issues and chat with like-minded agents. The
Legal Blog is moderated by Neil D. Kalin, C.A.R.’s assistant general
counsel; the Green Blog is moderated by members of C.A.R.’s Green Task
Force. You can subscribe to these blogs via an RSS feed.
Paula Hess is senior editor for California Real Estate
magazine.
Print