Management services
Professional liability
Professional liability insurance can cover allegations that your property management work caused a financial loss. We compare the service definition with your agreements and examine the reporting conditions before recommending terms.
What we check in the terms
- We check that the service description accounts for leasing and management work
- We compare retroactive dates and reporting provisions across renewal options
- We explain how defense costs use the policy limit
- We flag contractual obligations outside the insured professional duty
Policy conditions to understand
Professional liability can exclude bodily injury and property damage. We also check contractual liability restrictions, because an obligation accepted in a management agreement may extend beyond the insured service.
Information we use for the submission
- A description of services by agreement
- Current policy and endorsement names
- Prior coverage dates and known disputes