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Oh Division Of Re Rules Disciplinary ProcessBrokerage_operations_ohEASY

Under Ohio law, a broker must maintain which type of insurance to protect against potential errors and omissions?

Correct Answer

A) Errors and omissions (E&O) insurance

Ohio requires brokers to maintain errors and omissions (E&O) insurance. This insurance protects against claims arising from professional negligence, errors, or omissions in the course of real estate practice.

Answer Options
A
Errors and omissions (E&O) insurance
B
General liability insurance
C
Workers' compensation insurance
D
Flood insurance

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Related Topics & Key Terms

Key Terms:

E_and_O_insuranceprofessional_liabilitybroker_requirement
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