Property Managers
Smart, cost-effective group insurance for property managers and their clients—comprehensive coverage, flexible billing, and streamlined support you can count on
Partnering with MyRentalGuard
Property management companies play a critical role in protecting their clients’ real estate investments, ensuring that each client’s property is properly insured is an essential part of risk management. Without adequate insurance, owners could face significant financial loss from property damage, liability claims, or unexpected vacancies. We work with property managers to create tailored insurance packages for their clients, establishing smoother operations, quicker recovery from incidents, and long-term asset-protection. Our competitively priced, streamlined solutions provide meaningful value to property managers as they build and manage client portfolios—delivering peace of mind that both the clients and the managers are properly protected.
What programs are available to property managers?
MyRentalGuard offers tailored insurance policy for property managers and their management portfolios. We assist in streamlining the insurance process for your existing and new customers. Offering simple solutions for billing, COI filings with Additional Insureds, and easy additions & cancellations. Find peace of mind knowing that your business and all your clients are properly protected at a competitive rate.
Why is Errors & Omissions Coverage important?
Errors and Omissions (E&O) insurance is essential for property managers, as it safeguards them against lawsuits and financial losses resulting from mistakes or oversights in their professional responsibilities. This type of coverage can help pay for legal expenses, court fees, and settlements. Without E&O, property managers could face severe financial strain or even business closure due to negligence claims.
Why Property Managers should be additional insureds?
Listing a property manager as an additional insured on a client’s insurance policy provides legal and financial protection. It ensures the manager is covered for claims related to the property, such as injuries or damages, and helps avoid out-of-pocket legal costs. Without this, the manager could face liability for issues beyond their control. With a MyRentalGuard group plan, property managers are automatically added as an additional insured on all properties.
Group Plans
MyRentalGuard works with property managers of all sizes to create customized insurance plans for the portfolios under their management. We collaborate with some of the nation’s top carriers to underwrite competitively priced insurance options specific to your portfolio. Some of the benefits to your business and your clients include:
- Lower pricing on insurance products for your clients
- Simple invoicing and billing resolution
- Process cancellations & additions with ease
- Onboarding support for new clients
- Quick access to Certificates of Insurance and automatic Additional Insured status for the PM
Group plans individually insure each property in the portfolio with property and general liability insurance. Our products offer broad coverage options at a low group rate. Coverages include but not limited to:
- Wind, hail, lightning
- Fire and smoke
- Water
- Vandalism
- Bodily Injury
- Property damage
- Personal Injury
- Legal Defense Costs
E&O Coverage
Errors & Omissions Insurance is a type of Professional Liability coverage offered to property managers. This type of insurance primarily protects property managers from claims related to professional mistakes or negligence. Some of the coverages included in E&O insurance include:
- Failure to perform duties
- Incorrect handling of leases or contracts
- Negligent tenant screening
- Wrongful eviction claims
- Breach of fiduciary duty
- Misrepresentation of property details
As a property manager, you juggle leases, maintenance, tenants, and legal obligations every day. One small oversight—like a missed repair, a lease error, or a tenant dispute—can lead to a costly lawsuit. That’s where Errors & Omissions (E&O) Insurance comes in.
E&O coverage is your safety net. Don’t let one error undo years of hard work. With E&O insurance, you manage properties. We manage your risk. Contact MyRentalGuard today.
Why Choose Us?
Flexible Billing Options
Pay for coverage monthly or annually with no long-term commitments
Simple Claims Processing
Submit claims easily online, supported by dedicated claims staff
Easier Insurance Management
All properties on one monthly report adding and deleting properties as you go.