Property Manager Insurance
Why buy insurance as a property manager?
You are likely responsible for multiple buildings and multiple tenants. Your liability and risk is often far greater than just the landlord, due to your many duties
There are several types of insurance that you need. If you do not see your concerns met with the options here, please contact us and we can provide more options.
Who needs general liability insurance?
General liability insurance protects your business from claims from a third party (meaning not an employee or officer) for accidental bodily injury and property damage. In most cases, your employees, officers, and partners are covered under a policy. A classic example is a “slip and fall” type of claim, where a visitor may sue you for medical bills and time off work. Whether you have a home-based, office, or retail business, you should strongly consider buying general liability.
You can request a quote for this type of insurance by clicking here.
Professional Liability Insurance
There’s a long list of potential claims, but here are just a few:
- Discrimination
- Failure to collect rents on time
- Mishandling of funds
- Failure to complete repairs
- Failure to run background checks on tenants
This type of insurance requires an application. Once completed, please follow the instructions on the document to return it.
Download the Application
Stratum Insurance finds Insurance for your type of Business
Quotes are available for both general and professional liability (errors and omissions insurance). Our team can help by comparing not only the rates of multiple carriers, but also the coverage. We have access to carriers that allow for different types of businesses, including specialty businesses that have trouble finding insurance.
Here is an example: some insurance carriers have limitations as to the location where they will cover your business or other exclusions that can limit your insurance coverage.
We work to find insurance that meets your businesses needs.