Core coverages in this program
- •Real Estate Errors & Omissions
- •General Liability (open houses and offices)
- •Cyber Liability & Wire-Fraud Coverage
- •Workers' Compensation
- •Business Personal Property
- •Commercial Umbrella
Florida requirements for real estate businesses
The Florida DBPR Division of Real Estate licenses sales associates and brokers. Florida brokers handling escrow face strict trust-account rules, and disclosure litigation around roofs, permits, and flood history is the most common E&O claim in the state.
Workers' compensation in Florida
Florida requires workers' compensation at one employee for construction, four employees for most non-construction businesses, and one employee for agricultural operations with a seasonal threshold. Rates are developed through NCCI, with rates filed through the Florida Office of Insurance Regulation, and real estate payroll typically rates at $0.30 to $0.90 per $100 of payroll for real estate office class codes; commission-only licensed agents are often excludable. Named-storm deductibles, roof-age underwriting, and Citizens/E&S property placements dominate Florida property pricing. Liability is usually easy to place; property is where the program gets structured.
What Florida operators actually pay in 2026
The ranges below reflect what KTL clients in Florida pay today for a small-to-midsize operation, adjusted for Florida rating. Your actual premium turns on payroll, revenue, loss history, and — more than anything — whether the risk was classified correctly to begin with.
| Coverage | What it covers | Typical FL annual cost |
|---|---|---|
| Real Estate E&O | $1M/$1M, individual agent | $600 – $2,200 |
| Brokerage E&O | $1M/$2M, small-to-midsize brokerage | $2,500 – $9,000 |
| General Liability | Office and open-house exposure | $500 – $1,600 |
| Cyber / Wire Fraud | Escrow and closing fraud response | $700 – $2,800 |
| Umbrella | $1M excess | $800 – $2,100 |
The Florida angle most brokers miss
Florida flood-zone and roof-age disclosure claims spike after every storm season. Documenting what you disclosed, in writing, is your best defense.
Exposures we underwrite for Florida accounts
Every submission we send out is built around the specific ways businesses in this class actually have claims. That is what separates a benchmarked program from a rate quote.
- •Failure-to-disclose claims after closing
- •Wire-fraud losses from spoofed closing instructions
- •Fair-housing and discrimination allegations
- •Injury at an open house or vacant listing
- •Property-management activities excluded from a basic agent E&O form
Where we write in Florida
We serve Florida clients remotely by phone, email, and video — no office visit required — with concentrations in Miami–Dade, Broward, Orlando, Tampa Bay, Jacksonville, Fort Myers. New business, renewals, mid-term changes, and certificates are all handled directly by a licensed advisor rather than a call center.
Ready for a benchmarked quote?
A KTL specialist will shop your risk across multiple A-rated markets within one business day.