FAQs

In California, workers’ comp is generally required once you have any employees, including part-time staff.

It is not always separately mandated, but lenders and business partners often require it, and it responds to claims that a surety bond does not.

No. A surety bond is typically required for licensing and protects borrowers and the state, while E&O and other policies protect your business. Most brokers carry both. ...

DFPI licensing typically involves fidelity or surety requirements. We can help you understand how your coverage relates to those obligations.

In California, workers’ comp is generally required once you have any employees.

It may, often through crime or cyber coverage, but terms, verification requirements, and sublimits vary. This is worth reviewing carefully.

Typically E&O paired with strong fidelity and crime coverage, since your core risk is both making an error and losing funds to theft or fraud.

Typically no. Disclosure and transaction errors usually fall under real estate E&O.

It depends on how your workforce is classified. In California, workers’ comp is generally required once you have any employees, so classification matters.

It may, often through cyber or crime coverage, but terms and sublimits vary widely. This is a coverage area worth reviewing closely.