Property Management Insurance

[Steve Lyman]

Hey All,

I am currently in the process of starting my own property management company. I own over 200 units now and have another 227 units under contract. We have given notice to the current 3rd party management team that we are going off on our own and kicking around the idea of doing 3rd party management ourselves for other operators. Quick insurance question.

What should I have as far as insurance? I’m thinking,

- Liability

- Workers Comp

- Fidelity Bond

- Errors and Omissions

Anything I’m missing?

Thanks

Steve