28 May Specialty Liability Insurance for Property Managers

This coverage protects the property management company and or landlord in the event of an incident or claim caused exclusively by a tenant.  Incidents that involve fire or water damage to the dwelling are common and can quickly become a financial nightmare.  If a tenant has a grease fire on the stove and cabinets are burned and damaged or overflowing water causes the floor to buckle and split, you will report a claim and have to meet the deductible requirements of your primary coverage.

EIB offers coverage that can be tailored to your needs.  This coverage is a sound solution especially in the event of a lesser incident or claim.

We are hearing from more and more landlords and property managers who now see the benefits and value to this type of coverage.