This product targets property managers specializing in either residential or commercial property management.

Risks With Highest Hit Ratio!

• At least 3 years in operation or 3 years of related experience.
• No errors and omissions claims or disciplinary actions in the past 5 years.
• Property managers of homeowners associations, condominium associations.
• Revenue less than $2,500,000.
• Property managers that have equity interest in the property being managed.

Eligible Risks With Next Highest Hit Ratio!

• Apartment, co-op, vacation property and individual home management.
• Shopping centers, malls, industrial and warehouse management.
• Up to $5,000,000 in revenue.
• 1 or 2 errors and omissions claims or incidents in the past 5 years.
• Property managers that are also involved in selling real estate located in Florida only.

Product Advantages

• A++ rated carrier.
• Coverage specifically tailored for property managers, not written on a miscellaneous form.
• Optional tenant discrimination coverage (for both damages and defense).
• Employment practices liability coverage available, with option to include managed Individual's who are actually employed by the owner of the building/complex.
• Separate limits for each coverage part.
• Coverage for the management of the Insured's personally owned property available.
• Coverage available for involvement in real estate sales or appraisals.
• Additional Insured status automatically provided for any entity for whom the Named Insured has agreed to provide professional services.
• Defense outside the limit of liability for Part A, Errors and Omissions and Part C (if $500,000 or $1,000,000 are chosen).
• Optional coverage for real estate sales.
• Full prior acts coverage available.

Program Limits & Retentions

• Errors & Omissions limits available up to $1,000,000.
• Tenant Discrimination limits available up to $250,000. Limit of only $100,000 is offered in certain high-risk locations.
• EPL limits available up to $1,000,000.
• Retention's start at $2,500.