Property Manager Insurance

Property Manager Insurance is a professional liability package tailored for companies that manage real estate on behalf of owners. While landlords need property coverage, Property Managers need “Errors & Omissions” (E&O) and General Liability to protect against claims of negligence, tenant discrimination, wrongful eviction, and administrative errors. It safeguards your firm’s reputation and bank account when a client or tenant alleges you failed to do your job correctly.

The “Risk Reality”: Discrimination & Negligence

Property management is a minefield of regulatory liability. A simple mistake in screening a tenant can lead to a Fair Housing lawsuit alleging discrimination. The U.S. Department of Housing and Urban Development (HUD) enforces strict penalties for violations, and defense costs alone can bankrupt a small firm. Even if the claim is baseless, without E&O coverage, you are personally responsible for funding your legal defense.

Property Manager Insurance Coverage

We build comprehensive packages that cover both your office operations and your professional advice.

Property Manager Insurance Cost

“How much does property management insurance cost?” Rates vary based on your revenue, number of units managed, and claim history.

• E&O Premiums: According to industry market data, small firms typically pay between $1,000 and $2,500 annually for Professional Liability with tenant discrimination coverage.
• General Liability: A standard Business Owners Policy (BOP) for your office operations often costs an additional $500 to $1,000 per year.
• Unit Count: Managing more doors increases exposure. Firms managing large apartment complexes will see higher rates than those managing a few single-family homes.

The “Independent Difference”: Why Dream Assurance?

We understand the difference between owning the building and managing it. “Independent Means Multiple Choices.”

• Specialty Programs: We access specialty carriers like Travelers and The Hartford that have specific programs for real estate professionals.
• Contract Review: Property Management Agreements (PMAs) are complex. We help ensure your insurance meets the indemnity requirements in your contracts.
• Litigation Support: If you are named in a suit alongside the property owner, our agents work to ensure your specific interests are defended.

 
Experience the confidence shared by the professionals we protect, and let us turn these options into a clear, comprehensive protection plan for you.

Dream Assurance

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Samuel Gonzalez

16:24 15 Dec 25

Michell is great 100%recomended

Marques Sanders

20:19 08 Dec 25

Very nice representatives and excellent service 👌

Red Lightning

04:58 22 Nov 25

Andre helped me get a great insurance for my new vehicle.

Kyle Bragg

18:22 19 Nov 25

Mr. Andre was a massive help beginning to end! He helped us get a great deal on our insurance, and explained everything thoroughly. It isn’t every day you get an insurance agent that you feel actually know what’s they’re talking about AND has your best interest in mind, but he definitely cares about his clients! Thanks Andre, and thanks Dream Assurance!

• Ready to protect your firm? Let our agents shop 30+ carriers for you. Get a Free Quote.
• Managing your own properties? See our business insurance solutions for landlords.