PROPERTY AGENTS BOARD OF TASMANIA
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Professional Indemnity Insurance

Level of Cover

​The Property Agents Board has determined that the level of Professional Indemnity Insurance Cover for real estate agents and property managers is $500,000 and for general auctioneers is $250,000.

Property Agents that conduct business must have professional indemnity insurance that indemnifies the property agent against any liability that the property may incur during his or her business as a property agent.
 
The insurance cover must cover claims by clients and people who are not clients of the property agent and claims arising from any act, default, omission, neglect or defalcation by the property agent and by any person employed by or acting on behalf of the property agent.

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  • Home
  • Making a complaint
  • Disciplinary Action
  • Info for Agents
    • Application Forms
    • Approved Financial Institutions
    • Auction Notice
    • Continuing Professional Development (CPD) 2022
    • Fees and Charges
    • Mutual Recognition
    • Penalty and Infringement
    • PI Insurance
    • Qualifications
    • Regions
  • News
  • Publications
    • Annual Reports
    • Board Policy
    • Case Studies
    • Guidelines and Advice Notes
    • Information Bulletins
    • Legislation
  • Register of Property Agents
  • Trust Accounting
  • About Us
    • Our Staff
    • Our Board
    • Contact Us