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Insurance for property managers & landlords
Multifamily, single-family portfolios, and the management companies running them.
- Usually needed
- Commercial property, general liability, loss of rents, and an umbrella. Management companies also need errors and omissions.
- Where claims come from
- Tenant injuries in common areas and stairwells, water damage moving between units, and storm losses to roofs and fences.
- Watch out for
- Vacancy clauses. Most policies restrict coverage once a unit sits empty past a set number of days — tell us before a turnover drags on.
- Also relevant
- Loss of rents keeps cash flow going while a building is being repaired. It's inexpensive and routinely underinsured.