Defense outside the limit (if $500K or $1M limits purchased)
Optional coverage extended to managed individuals employed by the owner of the building or complex
Coverage for the management of insured's personally owned property
Additional insured status automatically provided for any entity for whom the named insured has agreed to provide
professional services
Full prior acts coverage available
Coverage available for real estate transactions in most states
Full personal injury coverage included at no additional premium
Wrongful eviction coverage automatically provided for residential properties
professional services
$50,000 sublimit for bodily injury and property damage occurring during an open house, property showing or the use of a lockbox†
Optional package policy with off-premises general liability
and business personal property on special form
(does not go to the properties managed)
(property is not available in HI)
†Available in most states.
As a property manager, you face risks daily. From tenant disputes to claims of negligence, your career and finances could be on the line.
Professional liability insurance from 360 Coverage Pros and USLI protects you against costly lawsuits and errors, giving you peace of mind so you can focus on managing properties, not potential legal battles.
With affordable coverage tailored to your profession, 360 Coverage Pros makes it easy to safeguard your reputation and livelihood.
Superior protection for property managers
Simple Quote Process
Our quoting process is designed to save you time and ensure you have tailored coverage for the best price.
Top-Rated Carrier
With 360 Coverage Pros, you can trust that your policy has an underwriting carrier with a strong financial backing.
Made For Property Managers
Unlike other providers, our coverage is designed specifically for property managers, not miscellaneous form.
Resource Center
Policyholders have immediate access to our curated business solution vendors.
Risks for property managers earning up to $5,000,000 annually ($10,000,000 for community association managers
New ventures eligible
Errors and omissions up to $5,000,000
Tenant discrimination coverage up to $1,000,000 limit/$1,000,000 aggregate in most jurisdictions
Employment practices liability coverage up to $5,000,000 in most jurisdictions
Off-premises general liability available up to $1,000,000/$2,000,000 (does not go to the properties managed)
Hired Non Owned Auto available when purchasing General Liability
Business personal property up to $250,000 total insured value
Business income up to $50,000
Excess general liability up to $5,000,000
Available limits
Errors and Omissions: Tenant discrimination starting at $2,500
Employment Practices Liability: $10,000
General Liability: $0
Property: Starting at $500
Deductibles
Frequently asked questions
Insurance can be complex to understand. See below for some frequently asked questions from our customers, and remember that you can always schedule a consultation with a policy expert for help understanding the policy and the available coverage options.
What does Property Manager Professional Liability Insurance protect against?
Professional Liability Insurance for Property Managers (also known as Errors & Omissions or E&O Insurance) provides protection if a claim is made against you in the course of managing properties. This coverage helps safeguard you and your business from lawsuits arising from alleged mistakes, oversights, or professional negligence. Common claims include failure to disclose important property details, misrepresentation of information, disputes with tenants or property owners, licensing board complaints, subpoenas and other management-related issues.
What services are covered under Property Manager Professional Liability Insurance?
This policy is designed to protect licensed property managers and management firms against claims that may arise while performing professional duties. Coverage extends to a wide range of property management services, including leasing, tenant relations, rent collection, maintenance oversight, and handling of property owner funds. It also applies to administrative functions such as coordinating vendors, preparing lease documents, and responding to tenant or owner complaints.
What else does Property Manager Professional Liability Insurance cover?
In addition to common professional liability claims, this coverage is structured to address a broad range of risks unique to property management. Policies may include protection against claims involving Fair Housing discrimination, tenant or owner disputes, lockbox or key access issues, public relations crises, disciplinary actions and subpoenas. Coverage can also extend to bodily injury or property damage occurring during property showings or open houses.
These protections are provided with specific sublimits, as outlined in the policy. For full details on coverage terms, conditions, and applicable sublimits, please review the policy details page and complete policy document.
Have questions?
If you do, schedule a free, no-obligation consultation with one of our Property Manager Professional Liability Package experts. In under 30 minutes, we can discuss your needs, answer any questions and review the policy and coverage options with you before starting your application.
Scheduling is easy, and you can cancel or reschedule your consultation anytime.
With 360 Coverage Pros, you can trust that your E&O coverage has an advantage over the other policies out there. Affordable, upfront E&O pricing, no hidden fees, U.S.-based customer service and comprehensive coverage options.
360 Coverage Pros
The Other Guys
Seamless application and quoting process
Coverage specifically tailored for property managers
Three coverage parts with separate limits of liability
We've partnered with USLI, a leader in insurance solutions for professionals across a variety of industries, to ensure that we deliver "A++" rated protection that exceeds our clients' expectations.
Coverage options and product availability by state may vary.
