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When you Need Risk Solutions, a Specialist Makes the Difference

Where Property Management Insurance is Obtained


  • Tons of Access to 25+ Carriers
  • 20+ Years of Risk Management Leadership
  • Dedicated Advisor + Online Applications
  • Big Value Adds All Year

or Call: 888.897.4815

You found an agency that specializes in property management coverage.

If you are looking for property management insurance, we can help. Notable Risk is an independent insurance agency focused on risk solutions for managers, owners of residential and commercial properties and the architects who design them.

Property management plays a major role in the real estate industry.  Given the wide range of big responsibilities and the many exposures that come along with it, managers need an insurance agency that absolutely knows real estate – not just kind of. 

Well, Notable Risk leverages 20+ years’ worth of real estate experience, including prior work advising on over $1.0 billion of acquisitions and financings (both big and tiny deals). This translates into almost unmatched understanding, communication and trust with property managers.


Our only business insurance work involves property management, architect and landlord insurance solutions.


We leverage prior experience advising on the acquisition and financing of over $1.0 billion of real estate. Notable Risk’s only pursuit today is to run a trusted independent insurance agency.

Years of Risk Mgt. Expertise

Insurance Companies to Access

Paper Applications

Us Assure
Openly Insurance
Vacant Express
Steadily Insurance
The Agency Collective

You Want A Better Property Management Insurance Experience

We believe in both: Fast + Careful

When you work with Notable Risk to obtain coverage, you can expect us to dig into the details and take the complex stuff and send it back in simple to understand terms.  Given our use of leading digital tools to supercharge your dedicated, hands-on advisor, we can accomplish great things without the time-consuming requests of clients.  This allows us to be careful and fast so that the customer experience is top-notch!

Images Of Boxes For Rental Property To Be Managed

Insurance Solutions Designed for Property Managers

And We Also Find Many other Important Coverages Personalized for each Company


Professional Liability

Coverage designed to protect managers from claims due to their negligence or failure to perform their duties. 


Workers Compensation

Comply with laws and protect your employees from work-related injuries and resulting medical costs and lost wages.


General Liability

Protection aimed at third-party claims of bodily injury or property damage due to the fault of a manager.


Cyber Coverage

Malware, ransomware and other online theft require coverage for associated losses that can threaten the continuation of operations.


Property Coverage

Coverage for contents in a leased office or potentially dwelling coverage for an owned property where operations occur.


Commercial Umbrella

Routine and unexpected exposure in the property management business requires greater liability limits beyond primary business policies.

Do you want better insurance agency results?

We’re an easy choice for property management companies that want many carrier options + online applications + a dedicated advisor

Start Building Quotes

Property Management Insurance

Schedule Quick Intro Call

Our Convenient Quotes Process

Powerful Digital Risk Assessment

Complete a simple and very valuable digital survey to help build reliable coverage and potentially identify credits for premium discounts.

You can start completing your assessment now by clicking here or you can schedule a helpful discovery call now.   

Online Applications (no paper!)

For convenience, you submit your insurance application questions all online with your dedicated advisor available with two clicks or a phone call

Video Quote Proposals + Advisor

Notable Risk has great access to landlord insurance through our networks to find excellent coverage! To keep it simple (but super helpful), we send a video tour of your quotes for review.  Then, we schedule a zoom with your advisor for any hands-on help that’s needed.

Bind & Launch Free Services

A few more clicks and online signatures and coverage is in place! It’s only the start! We do much more than find great insurance. Get ready for a bunch of value-add real-estate services, all year!

You get lots of property management insurance options and a lot more important stuff!

As a specialist insurance agency we believe that you get a better understanding and a (much) stronger client experience

Lots of Carrier Access

Our carrier relationships and networks provide us access to top insurance companies for competitive coverage choices important to property managers and their clients seeking multi-family and commercial coverage (great solutions for big and small investment properties).  We obtain quotes from some of the largest national carriers to coveted specialist companies. 


Great Quote Convenience

We think we found the perfect balance between the convenience of online application + policy servicing tools and the knowledge and accountability provided by a hands-on advisor.  Plus, our tech integrations create a fast, simple and careful quoting process for management company executives.



Extra Risk Management

Upon becoming a Notable Risk client, you participate in super helpful risk-management solutions like an HR compliance hotline and contract reviews (for critical insurance shortfalls).  Notable Risk is helping raise the bar to address the needs of property management companies to get competitive insurance and a lot more!

Reduce Exposures for Property Management Companies



We offer complimentary tools to help real estate investors and property managers reduce exposures.  Clients can potentially: (1) create more competitive insurance applications, (2) reduce hazards and (3) mitigate losses. Here are a few of the programs that clients can access after only a few clicks in their personalized customer portal:

Property Management Insurance

Certificates of Insurance

Real Estate Investors

You can count on Notable Risk to be your trusted resource to manage landlord COI requests with key partners. It’s important and a big headache is taken care of for property owners.

Property Management Insurance

Contract Risk Transfer

 Real Estate Investors and Managers

Look to Notable Risk to make sure that there are no insurance-related gaps in your key contracts. This can be a huge benefit and value add!

Property Management Insurance

Loss Control Tools

Real Estate Investors and Managers

Notable Risk provides complimentary access to leading HR and compliance tools to reduce exposures before insurance is ever needed!

You find property investors. Notable Risk invests in you.

Work with a principal advisor

for accountability and results.

If you Have Questions about Property Management Insurance, we have Answers

What kind of property management insurance do I need?

Property managers require insurance coverage to protect themselves and their business from potential risks. Typically, they need several types of insurance:

1. General Liability Insurance: This coverage protects property managers from claims related to bodily injury or property damage that may occur on the properties they manage. It also covers legal fees in case of lawsuits.

2. Professional Liability Insurance: Also known as errors and omissions (E&O) insurance, this policy provides protection against claims resulting from professional negligence or mistakes made by the property manager or their employees.

3. Property Insurance: Property managers should have insurance for the physical buildings they manage, including commercial general liability coverage for common areas such as lobbies, hallways, and parking lots.

4. Workers’ Compensation Insurance: If a property manager has employees, workers’ compensation insurance is necessary to cover medical expenses and lost wages in case an employee gets injured while performing job duties.

5. Cyber Liability Insurance: In today’s digital age, it is crucial for property managers to have cyber liability insurance to protect against data breaches and other cyber-related risks.

6. Umbrella/Excess Liability Insurance: This type of policy provides additional liability coverage beyond the limits of primary policies like general liability or auto insurance if a claim exceeds those limits.

Are property managers required to obtain insurance by law?

While it varies by your local laws, other than worker’s compensation insurance, typically property managers are required to obtain insurance to comply with contractual obligations.  Workers’ compensation insurance is necessary if the property manager has employees as it covers medical expenses and lost wages in case of work-related injuries or illnesses. 

What are some of the key factors that impact the cost of property management insurance?

Factors that can impact the cost of property management insurance include:

1. Property Type: The type of properties being managed can affect insurance costs. For example, managing residential properties may have different risks compared to commercial or industrial properties.

2. Location: The geographic location of the managed properties is another factor that influences insurance costs. Areas prone to natural disasters or high crime rates may result in higher premiums.

3. Coverage Limits: The level of coverage desired by the property manager also affects insurance costs. Higher coverage limits typically lead to higher premiums.

4. Claims History: A history of past claims can increase insurance costs as it indicates a higher risk for future claims.

5. Risk Management Practices: Insurance providers often consider risk mitigation measures implemented by property managers when determining premiums. Implementing safety protocols and regular maintenance procedures can help lower insurance costs.

6. Size and Value of Properties Managed: Larger and more valuable properties generally require higher coverage limits, resulting in increased premium amounts.

7. Experience and Reputation: An experienced property manager with a good track record may be able to secure better rates on their insurance policies due to their established reputation in the industry.

8. Deductible Amounts: Choosing a higher deductible amount can reduce premium costs but would mean paying more out-of-pocket in case of a claim.

9. Insurance Provider Selection: Different insurers offer varying rates based on factors such as their underwriting guidelines, market competition, and overall pricing strategies.

10. Additional Services Provided: Offering additional services like tenant screening or maintenance coordination might increase liability exposure which could influence policy pricing.

Will property management insurance provide coverage if the property owner brings a claim for failing to timely lease vacant properties ?

If your property management business obtains professional liability insurance then this will likely be included as a covered cause of loss –i.e. a claim of negligent activities by your company in failing to find tenants within a reasonable period. 

Do Tenants Receive Insurance Proceeds if their Unit becomes Uninhabitable?

If rental properties you manage becomes unlivable due to a covered insurance incident like a fire, water damage, or strong winds, additional living expense coverage (ALE) will provide financial support for the tenant’s temporary accommodation. This may include expenses such as hotel stays, laundry services, and dining out.

As a property manager, do I need Employment Practices Liability Coverage?

If you have employees, you should obtain Employment practices liability insurance (EPLI) for your property management business. 

EPLI is a type of insurance that protects employers from claims made by employees alleging wrongful employment practices. This coverage typically includes protection against claims related to discrimination, harassment, wrongful termination, and other workplace-related issues. EPLI policies are designed to cover legal costs associated with defending against such claims, as well as any potential settlement or judgment amounts. It can also provide coverage for expenses related to investigations conducted by government agencies like the Equal Employment Opportunity Commission (EEOC). Having EPLI coverage is important for businesses of all sizes and industries, as even small companies can face costly lawsuits if an employee feels their rights have been violated. The policy helps mitigate financial risks and provides peace of mind to employers in case they encounter employment-related disputes. It’s worth noting that EPLI does not cover intentional acts or criminal behavior committed by the employer or its representatives. Additionally, it may have certain exclusions or limitations depending on the specific policy terms and conditions.

How much will professional liability insurance for a property management company cost?

For smaller operations, estimated professional liability insurance premiums for property managers range from $1,000 to $5,000 per year. However, this is just a general estimate and actual costs can be higher or lower based on individual circumstances. It’s important for property managers to carefully consider their coverage needs when purchasing professional liability insurance.

Does a property manager need to be added as an additional insured under the property owner's insurance?

In most instances, yes. A property manager will often obtain general liablity insurance for bodily injury or property damage that occurs “on-premises”. This means, for example, accidents occuring in their office. Typically, general liability insurance will not cover off-premises unless specifically obtained or endorsed by the property manager when obtaining coverage.

To close the gap, property managers need to be added as additional insured on the property owner’s landlord insurance policy so that the off-premises liability is essentially covered. 

Does a property management company need insurance if it employees drive their own cars for work purposes but there are no company-owned vehicles?

Yes. If your property management company has driving activities, even if the autos are not owned or leased by the company, you will still need coverage called hired and non-owned auto insurance.

This refers to a type of coverage that protects businesses or individuals when they use vehicles that they do not own for business purposes. It can include rental cars, employee-owned vehicles used for work-related tasks, or borrowed vehicles. This insurance is important because it provides liability protection in case an accident occurs while using these hired or non-owned vehicles. It covers damages to other people’s property as well as any injuries sustained by others involved in the accident. For example, if a company rents a car for their employees to travel to a client meeting and one of the employees causes an accident on the way, causing damage to another vehicle and injuring its occupants, hired and non-owned auto insurance would cover the costs associated with those damages and injuries.

It is crucial for businesses that frequently use rented or borrowed vehicles for their operations to have this type of insurance coverage. Without it, they could be held financially responsible for any accidents caused by these vehicles, potentially leading to significant financial losses.

This is the Place for Property Management Insurance

Call 888.897.4815

Speak to a principal advisor who knows your business! 


Monday to Friday 8:00 am – 6:00 pm ET, Saturday 8:00 am – 12:00 pm ET