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
Texas requirements for real estate businesses
TREC licenses Texas agents and brokers. TREC does not require E&O for standard brokerage, but it is effectively mandatory through brokerage policy, and property management or appraisal activity requires separate coverage grants. Texas wire-fraud losses at closing have driven cyber into the standard package.
Workers' compensation in Texas
Texas is the only state where private workers' compensation is optional. Going bare as a 'non-subscriber' removes the exclusive-remedy protection, which is why nearly every general contractor, landlord, and municipality requires subscription anyway. Rates are developed through TDI-approved carriers using NCCI class codes, 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. Non-subscriber status must be reported to the Texas Department of Insurance annually and posted for employees. Most contracts override the choice — read the insurance exhibit before deciding to opt out.
What Texas operators actually pay in 2026
The ranges below reflect what KTL clients in Texas pay today for a small-to-midsize operation, adjusted for Texas 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 TX annual cost |
|---|---|---|
| Real Estate E&O | $1M/$1M, individual agent | $500 – $1,850 |
| Brokerage E&O | $1M/$2M, small-to-midsize brokerage | $2,150 – $7,650 |
| General Liability | Office and open-house exposure | $450 – $1,350 |
| Cyber / Wire Fraud | Escrow and closing fraud response | $600 – $2,400 |
| Umbrella | $1M excess | $700 – $1,800 |
The Texas angle most brokers miss
Texas wire fraud at closing regularly moves six figures. Cyber with social-engineering and funds-transfer coverage — not just breach response — is what actually pays.
Exposures we underwrite for Texas 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 Texas
We serve Texas clients remotely by phone, email, and video — no office visit required — with concentrations in Houston, Dallas–Fort Worth, Austin, San Antonio, El Paso. 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.