Protect Your Business, Protect Your Reputation
At American Risk Reduction Systems, we are a nationally approved provider of Errors & Omissions (E&O) insurance, catering to the unique needs of the real estate industry. With over 35 years of experience, we have established ourselves as a trusted partner for agents, brokers, and companies operating in this sector. Our specialized expertise lies in providing E&O insurance coverage to real estate professionals, including appraisers, property managers, mortgage brokers, title agents, abstractors, home inspectors, and others.
Our Services
As a respected provider of E&O insurance, we offer a comprehensive range of services designed to meet the diverse needs of our clients. Our team of experts works closely with you to assess your unique risk profile and develop a customized insurance plan tailored to your specific requirements.
Our services include:
- Errors & Omissions Insurance: Our comprehensive E&O insurance coverage protects real estate professionals against claims arising from mistakes due to negligence or breach of contract.
Exclusivity and Enhanced Coverages
We pride ourselves on having exclusive agreements with top-rated carriers, allowing us to offer enhanced coverages beyond conventional providers. Our experienced team carefully evaluates each client's profile and submits their risk to multiple A-rated carriers, ensuring the best possible coverage at a competitive rate.
Service and Support
At American Risk Reduction Systems, we believe in delivering exceptional service and support to our valued clients. Our knowledgeable team is always available to answer your questions, address your concerns, and provide personalized assistance throughout the insurance process.
Testimonials
We are proud to have received numerous positive testimonials from our satisfied clients, who appreciate our expertise, friendly service, and comprehensive knowledge of the E&O insurance market.
What We Offer
Our extensive range of services and coverages includes:
- Prior Acts Coverage
- First Dollar Defense
- Fair Housing/Discrimination Environmental Hazards/Pollution Mold Disclosure Coverage
- Cyber/Network Risk & Security Breach
- Fraudulent Funds Transfer
- Deductible Waiver/Reduction
- Agent-Owned Property Sales
- Disciplinary/Licensing Proceedings
- Lockbox Liability
- Business Interruption & Property Damage
- Punitive Damages Defense of Innocent
- Fraud Pre-Claim Hotline
- Risk Management Credits
- REO/Short Sales Home Warranty Programs
- Appraiser Property Manager Mortgage Broker Title/Abstractor Notary/Witness Home Inspector Property Preservationist Consultant General Liability Workers' Compensation
Communication Issues and Inconsistency
Some reviewers have experienced difficulties with communication and consistency with their insurance agent, Eileen. One reviewer, Shoua Lee, mentioned that Eileen's response was slow and deliberate during the annual renewal period, and she would act as if she wasn't aware of their previous email communications. This led to issues with payment and ultimately, the cancellation of their policy. Another reviewer, Shoua Lee, also experienced slow responses from Eileen, which caused them to worry about their policy being cancelled due to non-payment.
Excellent Service and Recommendations
On the other hand, some reviewers have had positive experiences with the company. David Josephson praised the company's ability to efficiently find the perfect policy for them at a lower price. He also mentioned that the annual renewal process is comfortable and straightforward, and that the company is always available to help. He highly recommends the company to anyone in need of Errors and Omissions insurance.
Unprofessional Service
One reviewer, M. Peters, had a negative experience with the company, citing unprofessional behavior. They left a message and were called back by someone on a cell phone, and later had to call back to get information and was refused because they were no longer a current client.
