Property Managers Insurance

Brokers and Property Managers can rest easy knowing their interests are being protected when they “Think McGowan.”

Property managers face special challenges due to the unique nature of their job. From wrongful evictions to tenant discrimination to resident injury, property managers need protections in the face of increased litigation and the troubles that can bring.

Product Overview

Eligible Classes

  • Property Managers
  • Community Association Managers
  • Property Preservationists

Product: Errors & Omissions Insurance

Limits: Up to $5MM

Carrier: “A” Rated Carrier / Admitted Paper

Territory: Nationwide except in Alaska, California, Hawaii, Louisiana and New York

Special Features & Coverages

  • Claims-Made Policy Form
  • Incentive for Early Claims Resolution
  • Expert Witness Coverage
  • Deductible Reduction Included
  • 60-Day Extended Claims Reporting Period (After Policy Expiration)
  • Unlimited Defense Costs & Expenses
  • Broad Definition of “Professional Services”
  • Broad Definition of “Insured” (Includes “Spouse” or “Domestic Partner”)
  • Management of Owned Property Coverage (Up to 50%)
  • Confidential Risk Management Hotline – Complimentary
  • Retiree, Death, or Disability Extended Claims Reporting Period Included
  • Choice of Attorney (With Company’s Consent)
  • 100% Property Management Firms Eligible
  • First Dollar Defense Available
  • Optional Construction Development Coverage
  • Optional Contingent BI/PD Coverage

Partnering with McGowan

With our special ability to use its “Power of the Pen” to craft uniquely tailored insurance policies for real estate appraisers, brokers who partner with McGowan can ensure their clients have the right protections in place for when they need it most. The property managers insurance has a limit of $5 million and has coverages available everywhere in the country except Alaska, California, Hawaii, Louisiana and New York.

Download:  Property Managers Marketing Flyer
Download:  Property Managers Highlight Sheet
Download:  Property Managers Application

Contact:  Neil McGowan

McGowan_PropertyManagersGuide-1Protect yourself and your business before something goes wrong – download A Property Manager’s Guide to Protecting Their Business.