Cost and coverage of property manager insurance Cost and coverage of property manager insurance

Costs and Coverage for Property Manager Insurance

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How Much Does Property Manager Insurance Cost?

As a Property Manager, you get to match people to the next place they’re going to call home. While you need to make the right choices in selecting the best tenants, you also need to keep yourself covered with great insurance that gives you the protection you need, without breaking your budget.

At Next Insurance, we know that your primary concern is to grow your business, and you don’t have time to worry about your property manager insurance policy.  You need the ability to review your policy and get your documents from any device, 24/7. That’s why we put nearly everything online, from live certificates to information about what’s covered. So no matter where you are, you can log in and check your property manager general liability insurance policy online.

Plus, we know that cash flow is crucial to building your business, and that’s why we keep property manager liability insurance policy costs low. You can budget and pay for your property manager insurance costs monthly rather than annually. Remember, each property manager insurance policy is tailored to suit your personal needs, so the most accurate way to know how much your policy will cost is to request your personalized general liability property manager insurance quote.

How Much is General Liability Insurance for Property Manager Insurance?

General liability insurance for property managers usually costs our customers around $300 annually, or $25 per month.

General liability insurance can cover a variety of injuries and damages claims. These could include:

• Physical injuries to your clients or other people on site
• Damages caused by you, or your employees
• Advertising harm, which includes things like privacy violations or slander

General liability insurance is a basic for any property manager, whether people come in and out of your office or if you’re showing a property. Covering medical expenses, legal fees, repair costs, and more, your property manager insurance policy is there to support you as your business grows.

Most of our customers pay: $300 annually, or around $25 per month
Per occurrence limit: $500,000
Aggregate policy limit: $1,000,000
Deductible: $0

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starting from $25 per month


General Liability

$500,000 occurrence limit
$500,000 aggregate limit
$0 deductible

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General Liability

$1,000,000 occurrence limit
$1,000,000 aggregate limit
$0 deductible

Buy My Policy

Pro Plus

General Liability

$1,000,000 occurrence limit
$2,000,000 aggregate limit
$0 deductible

Buy My Policy

What’s Covered by Property Manager Insurance?

Injury on your premise

Injury on your premise

Your customer slips, falls, and hits their head while touring one of your properties, and wants you to pay for their trip to the ER.
Property damage

Property damage

You accidentally spill coffee on a customer's expensive coat.
Advertising harm

Advertising harm

A large company sues you for copyright infringement on your website.
Medical payments

Medical payments

A client slips and falls on your premises, and they want you to cover their trip to the ER.

Activities related to managing property as a Property Manager, including

Businesses operated out of your home
Businesses operated on-site, at a customer's location
Injury to someone who's visiting your premises

What’s Not Covered by This Policy?

Certain types of activity

All activities involving drones
Damages from accessing or disclosing confidential or personal information
Damaging or losing electronic data
Damages from your hiring, firing, or other employment practices
This is a brief summary of your policy and does not supersede the policy documents. If you want full details, please contact us.

Why Choose Next Insurance for Your Property Manager Insurance?

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Policy tailored to you
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Tailored policy to COB

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