Insurance for Real Estate Agents, Brokerages, and Property Managers in Connecticut

Short answer: Connecticut real estate brokerages and agents need real estate errors and omissions (E&O) for claims about disclosures, representations and transaction errors, general liability, cyber with social engineering coverage for wire fraud, and EPLI. Property managers add property managers' E&O, crime and fidelity coverage for client and tenant funds, and confirmation that they are named on owners' liability policies.

Real estate E&O

• Covers claims that an agent misrepresented or failed to disclose a property condition, mishandled a transaction or breached a duty to a client.
• Connecticut's property condition disclosure rules, including the 2026 flood disclosure changes, are a common source of disputes; see the 2026 flood disclosure.
• Fair housing claims, lockbox access and property management activities may be excluded unless endorsed.
• Claims-made: protect the retroactive date when agents move between brokerages.

Showings, open houses and agents' cars

Injuries during showings typically fall on the homeowner's policy first, but agents and brokerages are often named in suits. General liability helps. Agents driving clients in their own cars should carry high personal auto limits and confirm business use; brokerages need hired and non-owned auto.

Wire fraud

Real estate is the most targeted sector for business email compromise. Brokerages should never send wiring instructions by email, should train clients to verify by phone, and should carry cyber coverage with social engineering and funds-transfer fraud. See closing wire fraud.

Property managers

• Property managers' E&O for errors in leasing, collections, maintenance oversight and owner reporting.
• Crime and fidelity covering employee theft of rents and security deposits held in trust.
• Additional insured status on each owner's general liability policy, plus your own liability coverage.
• Condo and HOA managers should confirm they are insureds under association D&O and crime policies; see association insurance.

New England Insurance, an independent Connecticut agency in Bridgeport since 2012, places coverage for Connecticut brokerages and property managers. Request a review.