Insurance For Property Managers
Protect your property managers from unexpected risks with business insurance coverage. Get the right coverage to protect your business from financial losses and legal liabilities.
What Kind of Insurance do I need for My Property Managers Business?
Most Property Managers Businesses have a Business Owner's Policy called a BOP. A BOP is a great becasue it combines three general insurance coverages and saves you money.
We recommend these products as a base:
- Business Owners Policy: A businessowners policy, also known as BOP insurance, combines various insurance coverage with additional protection into one convenient package.
- General Liability Insurance: General liability insurance, also known as commercial general liability (CGL) insurance or business liability insurance, safeguards businesses from potential financial repercussions arising from bodily injury, property damage, and personal and advertising
- Professional Liability Insurance: Professional liability insurance, which is also referred to as errors and omissions (E&O) insurance, provides protection for business professionals such as attorneys, consultants, and accountants against claims related to negligence or errors in their ser
How Much Does Property Managers Insurance Cost?
There is not one price that businesses pay for Property Managers business insurance. There are many factors that determine your exact cost, such as:
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- The size of your Property Managers business
- How many employees work for you
- If you keep customers information stored in a data system
- If you have trucks or vehicles or tow equipment
We work with mutiple insurance companies that offer Property Managers business insurance to protect your business without breaking the bank. We'll work with you to figure out what coverages and companies offer the best coverages and help you get a great business insurance quote.
Your Property Managers Business may also need other types of business insurance, like:
- Commercial Auto Insurance: Commercial auto coverage pays for injuries and property damage caused by an auto body shop’s pickup or other vehicle. It’s required in most states for business-owned vehicles.
- Cyber Insurance: Cyber insurance offers coverage for your business's liability, in the event of a data breach that compromises sensitive customer information, such as Social Security numbers, credit card numbers, account numbers, driver's license numbers, and health recor
- Workers Comp Insurance: Workers' compensation coverage guarantees the safeguarding of your business and employees by providing employee rehabilitation and death benefits in the event of any workplace injury or illness suffered by your staff members.
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