This E&O product is designed specifically for both commercial and residential property management companies. Errors & Omissions exposures are negligence based, paperwork/administrative type errors, fund-handling errors, economic in nature and not based on bodily injury or property damage. Most property management claims fall in the category of an alleged mistake in the professional services rendered
There are four coverages offered on this policy, each with a separate limit of liability:
- Errors & Omissions
- Employment Practices Liability
- Tenant Discrimination Coverage
- Commercial Package (General Liability/Property)
Broad coverage includes:
- Duty to Defend Wording
- Defense Outside the Limit
- Personal injury Coverage
- Wrongful Eviction Coverage
- Personally Owned Property Coverage up to 100%
- Internet Coverage
Don't forget to quote Worker's Compensation for this risk!
Please Note: coverages may vary according to class of risk and market conditions