Real Estate Express (REEXP)
Overview
Section titled “Overview”Real Estate Express (REEXP) provides a simplified errors and omissions product for real estate professionals with streamlined underwriting.
Rating Algorithm
Section titled “Rating Algorithm”Express Tables
Section titled “Express Tables”Premium is calculated using a quick lookup table by state and selected limit. New York and APL states have separate rate tables with state-specific premiums. Select the limit and deductible from the pre-packaged options — no custom entry required.
Express vs Standard
Section titled “Express vs Standard”| Feature | RESTD (Standard) | REEXP (Express) |
|---|---|---|
| IRM | Full questionnaire | Simplified |
| Rating | Full algorithm | Express tables |
| Endorsements | Full catalog | Limited selection |
| Optional Coverages | All available | Core coverages only |
| Quote Process | Multi-step | Quick quote stepper |
Coverage
Section titled “Coverage”- E&O for real estate professionals
- Claims-made coverage form
- Optional cyber coverage
- Standard endorsement package