Property management insurance for the owners you answer to.
Professional liability, general liability, crime and cyber coverage for property managers handling tenants, vendors and owners' money.
By Sam Alishahi · CA Insurance License #4348151 · Reviewed October 2026 · How this page is researched
Your owners' policies don't cover your mistakes
Property managers are sued by owners over missed repairs, lapsed insurance and lease errors, and by tenants over habitability, deposits and fair housing. The owner's landlord policy may name you as an additional insured for premises claims, but it won't cover professional mistakes.
Property management in California generally requires a DRE real estate broker license, and managers handle rent and security deposits held in trust. I set up E&O, liability, crime coverage for those funds and cyber for tenant data.
- Professional liabilityClaims that your management errors cost an owner or tenant money.
- General liabilityInjuries and damage at your office and in your operations.
- Crime and fidelityTheft of trust funds by employees, and funds transfer fraud.
- CyberBreaches of tenant applications, bank details and records.
What underwriters will ask
Having these ready means I can go to market on the first call. The quote form asks for the same things, and anything you don’t know yet can wait.
- Portfolio: number of units and property types.
- Services: leasing, maintenance, HOA or commercial management.
- License: DRE license and broker of record.
- Trust funds: typical balances held.
- Staff: employees and payroll.
- History: current policies and claims.
Property management insurance, answered
Do property managers need E&O insurance?
It isn't required by California law for most managers, but many owners require it in management agreements, and it covers claims that general liability doesn't.
Does E&O cover fair housing claims?
Some property management E&O policies include discrimination and fair housing coverage and some limit it. Check before you need it.
Are tenant security deposits covered if stolen?
Theft of funds by an employee is covered by crime or fidelity coverage, not by E&O or general liability.
Should I be named on the owner's insurance?
Yes. Management agreements commonly require owners to name the manager as an additional insured on their property liability policy.
Do you offer property management insurance outside California?
Yes. Clients across the country send the same quote form. California policies are placed directly; outside California the request is handled together with a partner agency in your state, and the shopping across carriers works the same way. Rules, minimums and markets differ by state — see insurance requirements by state.
Tell me about your portfolio. I'll shop it.
Your unit count, services and current policy are enough to start.
Alishahi Insurance · Saman Alishahi, independent insurance broker, California License #4348151. General information, not a quote or a promise of coverage; coverage depends on underwriting and the terms, conditions and exclusions of the policy actually issued.
Tell me how to reach you. I’ll take it from there.
Takes about 30 seconds. I review every request personally and call you back, usually the same day.
(424) 552-4545Answered 24/7 · CA License #4348151
Get a reminder before your renewal.
Tell me when your policy renews and I’ll email you about six weeks before, when it’s worth comparing. One email, no calls.