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Property Managers Professional Package Product now available!
CAIS is now offering USLI Property Managers Professional Package Product! Get access through CAIS to offer your customers this product.
Get started! On MGAlive Select NewQuote > Property Managers > Errors and Omissions Package.
Property Managers Errors & Omissions Package
Risks with revenues up to $5,000,000 Revenue extended to $10,000,000 for community association managers
Eligible types of properties managed include, but are not limited to:
Apartment
Condo/Homeowners association
Office building
Vacation property
Cooperative
Individual home
Shopping center/Mall Warehouse/Industrial
Coverage Highlights
Eligible in all states except AK, LA and WV
Coverages include
Errors and omissions limits up to $5,000,000
Defense outside the limit
Defense and loss within the limit
Optional coverage extended to managed individuals employed by the owner of the building or complex
Separate limits available
Tenant discrimination coverage (optional) up to $250,000 limit/$1,000,000 aggregate in most jurisdictions
Employment practices liability coverage (optional) up to $5,000,000 in most jurisdictions
Defense outside the limit (if $500,000 or $1,000,000 limits are purchased)
Coverage for the management of insured’s personally owned property
Full prior acts coverage available
Additional insured status automatically provided for any entity for whom the named
insured has agreed to provide professional services
Wrongful eviction coverage automatically provided for residential properties
Full personal injury coverage included at no additional premium
Hired Non Owned Auto available when purchasing General Liability
Business personal property up to $250,000 total insured value
Business income up to $50,000
Excess general liability up to $5,000,000
Contact CAIS for more details!
Not appointed with CAIS yet? Get access to our Agent portal, MGAlive, through our Join page on CAISlive to offer your customers this product.
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