To protect REALTOR® associations and their MLSs from patent litigation risk, one of the costliest forms of business risk today, the National Association of REALTORS® has added limited patent liability insurance to the NAR Insurance Program for associations and MLSs. The coverage, provided at no cost to associations, reimburses up to $50,000 in expenses to resolve patent litigation, both legal and settlement, including a $25,000 per claim retention. There is no sign up; all qualified REALTOR® associations and REALTOR®-owned MLSs are automatically covered.
Associations may increase coverage levels by purchasing excess insurance online at nar.aon.com. For more, contact Finley Maxson, 312-329-8381, fmaxson@realtors.org.
Notice: The information on this page may not be current. The archive is a collection of content previously published on one or more NAR web properties. Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. The National Association of REALTORS® disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.