Property Management Insurance
Property management companies face professional liability risks from tenant disputes, maintenance failures, and fiduciary responsibilities. Our programs cover the unique exposures of managing properties for others.
Coverages we place
- Professional liability (E&O) for management errors and negligence
- General liability for injuries at managed properties
- Fidelity bonds for handling tenant security deposits and rents
- Workers' comp for maintenance and office staff
- Cyber liability for tenant data and payment processing
- Commercial auto for property inspections and maintenance calls
- EPLI for employee-related claims
- Umbrella liability for portfolio-wide protection
Who needs this coverage
Property management companies, HOA management firms, residential property managers, commercial property managers, and community association managers.
What drives your premium
- Number of units/properties managed
- Annual management fees collected
- Services provided (maintenance, tenant screening, etc.)
- Number of employees
- Claims history and litigation exposure
Common exclusions
- Property owner's building and liability (owner's responsibility)
- Intentional violation of fair housing laws
- Criminal acts by management staff
- Investment advice or securities activities
- Construction management (separate coverage needed)
Frequently asked questions
Why do property managers need E&O insurance?
E&O covers claims of negligence in your management duties — failing to address maintenance issues, improper tenant screening, lease errors, etc. It's your most important coverage as a PM.
Does the property owner's insurance cover my company?
No. The property owner's policy covers the building and their liability. You need separate coverage for your professional activities, employees, and business operations.
What is a fidelity bond for property managers?
A fidelity bond protects against employee theft of client funds — rent payments, security deposits, HOA fees. Most management agreements require one.
Related coverage
Get a free quote or call (321) 206-8035.