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What are the minimum liability limits of errors and omissions (E&O) insurance for Alabama real estate salespersons? a. $25,000 b. $100,000 c. $250,000 d. None of these

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Final answer:

The minimum liability limit for E&O insurance for Alabama real estate salespersons is $100,000 per claim. It serves as a critical protection for professionals against claims of negligence or inadequate work.

The correct answer is A

Step-by-step explanation:

The minimum liability limits of errors and omissions (E&O) insurance for Alabama real estate salespersons is $100,000 per claim, with an annual aggregate limit not less than $500,000.

These figures are the required thresholds that real estate professionals in the state must maintain to cover themselves against potential claims of negligence or inadequate work.

E&O insurance is a critical component for those in the real estate industry, providing a safeguard and promoting professional responsibility.

The correct answer is A

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