Property Management Insurance for Property Manager

Get business insurance with optimized coverage to meet your exact needs

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Benefits of Insurance for Property Managers

  • Get a free insurance quote for property managers fast

    When you need insurance to manage a portfolio of properties, all you have to do is answer a few questions on our online application. We'll send your property management business a free quote in no time at all.

  • Fast policy processing for property managers

    You want to start managing, selling and renting properties without delay. We want the same for you. Get a quote in minutes and purchase your insurance. Apply on our transparent, smart, easy, secure, and mobile-friendly website, and we'll sort out the rest.

  • Affordable insurance made for property managers

    We have chosen our carriers carefully to offer you insurance plans unique to property managers. This allows us to provide better coverage at lower rates.

  • Individual customer service just for you

    Good management is also at the heart of what we do. We understand the particular needs of property managers, so whenever you have any questions, we're just a phone call away. We'll keep you covered without any interruption.

Coverage Plans for All Your Needs

BASIC

Essential coverages to meet client demands

General Liability (GL)

From
39
Month
Instant quote »

Includes:

  • Coverage against claims from bodily injury, property damage and personal injury
  • Coverage for products/completed operations
Get BASIC plan

STANDARD

Protect your business against service errors

General Liability (GL) + Errors & Omissions (E&O)

From
89
Month
Instant quote »

All Basic plan benefits and:

  • Professional negligence
  • Retroactive claims (previous contracted work)
  • Subcontractor errors
Get STANDARD plan

PRO

Get protected against employment-related issues

GL + E&O + Workers Compensation*

From
89
Month
Instant quote »

All Standard plan benefits and:

  • Coverage for work-related accidents and disease and subsequent:
    • Ongoing medical care (such as rehab)
    • Missed wages during recovery

*plus Workers Compensation

Get PRO plan

CUSTOM

When you have specific requirements

Including Commercial Auto, Equipment Breakdown, etc.

From
___
Month
Instant quote »

ALREADY INSURED?

We will take care of the switching hassle.

Call us at (646) 844-9933 for help and more information

What insurance do property managers need?

These policies provide coverage for the most frequent risks faced by property managers:

General Liability

General liability (GL) insurance covers you if you or your employees negligently caused an injury or damage to any of the properties under your management portfolio. Also, if a resident slips and falls, GL provides coverage for claims against you.

Errors & Omissions

Errors & Omissions (E&O) insurance (or Professional Liability Insurance) protects property managers from inherent business risks. These include the failure to purchase appropriate property insurance, causing a loss for the property owner. E&O insurance also covers your legal defense costs, settlements, or judgments you may be required to pay.

Workers Compensation

Workers Compensation provides wage replacement and medical and rehabilitation benefits to employees who get sick or injured on the job. It is a state-related insurance which you need to carry if your business meets certain requirements of your state.

Business Owners Policy

A Business Owners Policy provides Commercial Property insurance and General Liability insurance in one convenient package. It saves you from having to purchase each individual insurance policy separately and you can even add more optional coverage.

Act Now, Get Protected Easily, Quickly and Affordably

See how much you could be saving, with best in class insurance partners.

Start your application and get a free quote in minutes.

Or call (646) 844-9933 anytime.

Get protected easily with CoverWallet

Frequently Asked Questions

Why do Property Manager need insurance?

This organization is made up of companies that manage both residential and non-residential estates. Examples include condominium managers offices, commercial property managing, apartment managers offices, and real estate property managers offices.

As property managers, you're establishing yourself as a professional in your field. That's why it's important to have insurance as it not only provides your business with credibility but also protects yourself and the properties you manage for others.

What risks do Property Managers face?

Below are some of the common risks property managers can face:

  • Your customer claims that you have wrongfully evicted them, and they sue your business for the damages.
  • Your employee gets sick due to job-related causes.

How much does Property Management Insurance cost?

The cost of insurance for property manager varies depending on your budget, the number of employees you have, and the coverage required. To find out the cost of your insurance, simply apply online and we'll send your free quote in minutes.

Peace of Mind, At Your Fingertips

CoverWallet utilizes state of the art technology to help small businesses understand and buy customized coverage, get significant savings and conveniently manage their insurance, in a matter of minutes, all through our online platform.

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Anthony Williams, Contractor

I was extremely satisfied with all services and communications with customer support. I would definitely recommend to others. Thank you CoverWallet!

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