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David recently obtained his real estate salespersons license and started working for a broker. What type of insurance should he obtain?

User Builder
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1 Answer

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Final answer:

David should obtain professional liability insurance (E&O insurance) and general liability insurance.

Step-by-step explanation:

As a real estate salesperson, David should obtain professional liability insurance, also known as errors and omissions (E&O) insurance.

This insurance protects David from potential lawsuits if a mistake or negligence on his part causes financial harm to a client. Additionally, David may also consider obtaining general liability insurance, which provides coverage for bodily injury, property damage, and personal injury claims that may arise during the course of his work.

User Bablu Ahmed
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