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MARKET CENTER LIABILITY


MARKET CENTER LIABILITY

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MARKET CENTER LIABILITY

All Real Estate physical offices where brokers and agents work need a BOP. A “market center” as many of these are called has their own BOP policy that protects EMPLOYEES and provides the owners of the market center coverage for general liability claims caused by them, employees or often times by acts of the 1099 real estate agents, BUT again it does not provide coverage for that individual real estate agent if she or he is brought into a claim. These BOP policies are typically more robust in coverage than the small $45/month BOP an individual real estate agent would need.

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