Property Managers Insurance
Property management companies occupy a unique liability position: they control and maintain properties they do not own, collect rent on behalf of owners, hire and supervise on-site staff, and owe duties to both property owners and tenants. This dual exposure — professional liability to owners for ma…
Who Needs This Coverage
- Residential property management companies
- Commercial property management firms
- HOA and condominium association managers
- Mixed-use property management operations
- Real estate investment companies that self-manage
What's Covered
- General Liability — premises, operations, and tenant injury claims
- Professional Liability / E&O — errors in management decisions and owner reporting
- Employment Practices Liability — staff discrimination, wrongful termination, harassment
- Crime / Employee Dishonesty — rent misappropriation and theft
- Hired & Non-Owned Auto — employee vehicles used for property rounds
- Umbrella / Excess Liability — additional limits over GL and E&O
Frequently Asked Questions
Is a standard BOP enough for a property management company?
Usually not. A standard BOP excludes professional liability (errors in management decisions) and typically has limited EPLI. Property managers need a dedicated program that includes E&O for management errors, EPLI for employees, and crime coverage — …
Who needs to be added as an additional insured on our policy?
Property owners whose buildings you manage typically require additional insured status on your GL policy. If you manage HOAs, the association board may also require additional insured endorsements. We issue blanket AI endorsements for property manage…
Does property managers E&O cover lease errors?
Yes. Property managers E&O (professional liability) covers claims by property owners alleging errors in lease execution, improper tenant screening, failure to collect rent, security deposit mishandling, and similar management errors. This is distinct…