Skip to main content

AVAILABLE ON V²

Property Managers E&O

Providing property management services comes with risk. Victor's errors & omissions program for property managers and leasing agents provides the modern, flexible insurance coverage needed to operate in today’s real estate market.

Protection that never sits still

State-of-the-art insurance coverage for property management firms and leasing agents.

Quote, bind and issue policies online in minutes, 24 hours a day with V2.

Why choose Victor?

Learn more about how you and your clients will benefit from securing a Real Estate E&O policy with Victor.

real-estate-agent-and-clients2

8 compelling reasons to insure your real estate firm

Some real estate firms even consider going without errors & omissions coverage to save money. However, dropping your coverage can cost you more than you think. 

real estate professionals

Agent/broker resources

Quote, bind and issue policies in minutes with V2

  • Register or log in to get started
  • Check out our V2 Playbook to for guidance on how to get a quote, and for  information on registration, billing, FAQs, support and more. 

See it in action! Watch our recorded demo.

Availability: In all 50 states and US territories*

Coverage: Admitted, with an A rated carrier

Target risks: Property management firms and leasing agents

Minimum premium: $500

Deductibles: Starting at $0

Limits: Up to $20 million


Policy features
:

  • Residential owned-property management coverage built into standard form
  • Environmental hazards included to policy limits at no additional premium
  • Public relations event coverage up to $50,000 per policy period
  • Discrimination coverage for defense and damages at no additional premium
  • Privacy response coverage up to $20,000 for expenses incurred by the insured due to a security breach
  • Death, disability and non-practicing extended reporting periods at no additional premium
  • Premium credits for favorable claims experience and participation in risk management programs
  • Open house, mold and employment practices liability coverage and more
  • Endorsement for commercial property management, sales, and leasing on 100% owned property**

 

*Policy forms and policy terms may vary by state and territory. Not available in Guam.
**Not yet available in AK, CA, CO, KS, LA, MA, MS, NC, NY, OK, RI and VA

Contact the real estate E&O team directly at realestate.us@victorinsurance.com or connect with your business development contact.

Policyholder resources

To get a quote, please submit a completed application through your existing insurance agent/broker. Your insurance agent/broker can work with our underwriters to provide you with a quote.

If you need assistance in securing an insurance agent/broker, you can use our find an insurance agent/broker tool

To find the right application, please select the solution you’re interested in under “Solutions” and head to the “Applications” section of that page.

You should report not only claims, but incidents as well. An incident is any situation in which you are concerned that a claim may occur. 

For your convenience in submitting a claim, you can use our E&O claim form. Please send claim information to realestateclaims.us@victorinsurance.com.  

Here's how to ensure the fastest possible response to your incident or claim: 

  1. Report your incident or claim as soon as possible by writing the CNA Insurance Companies in care of:
    Victor Insurance Managers LLC
    7700 Wisconsin Ave., Suite 400
    Bethesda, MD 20814

  2. With respect to claims, all principals and staff members involved in the claim should be prepared to document the circumstances surrounding the allegation. Your written report should include the following:

    - Your firm's name and address
    - Your policy number
    - Date, time and location of the situation
    - Brief narrative description of the allegation against you
    - Name of person or entity making the claim
    - Amount of demand, if known
    - Any lawsuit papers or legal proceedings
    - Any other pertinent documents or correspondence, including newspaper accounts

  3. If the claim or incident involves a traumatic situation, take photographs of the claim site if possible. Amateur photos taken promptly are more valuable than professional photos taken at a later date.

  4. Consult your local claims specialist before you agree to attend any conferences arranged for the specific purpose of discussing the situation.

  5. Do not sign or accept release from any parties without first obtaining approval from your claims specialist. 

  6. Keep all pertinent letters of agreement for services, correspondence and memorandum.

  7. Accept all letters, memorandum and suit papers without comment or argument. Do not admit liability and do not attempt to place blame.


Questions about a claim or circumstance?

The Victor/CNA claims hotline is a resource for policyholders to speak with a claims professional. To speak with a claims professional, dial (877) 732-5444. Please note if specialists are currently engaged, you may be prompted to leave a voicemail, which will be returned within 24 hours. 

Be advised that claims cannot be reported via the Victor/CNA claims hotline.

Victor and the National Association of REALTORS® have partnered under the NAR REALTOR Benefits® Program to provide a first-class errors and omissions (E&O) insurance program to REALTORS®. For assistance please call (888) 429-6638.

Several premium credits are available, as allowed by state law, including a credit for being an NAR member, holding select NAR designations, continuing education, use of standard contracts, use of home warranties, and implementing risk management programs. Coverage is available in all 50 states, DC and US territories. 

When it comes to the real estate industry, an outsider’s view doesn’t cut it. When our real estate underwriters are evaluating your risks, they see your transactions as clearly as you do. 

To help you understand and overcome risks, Victor Risk Advisory offers rock-solid industry insights, claims scenarios, risk mitigation resources and much more.

The world is changing at an unprecedented pace. And complex new risks are emerging every year.

To help you understand and overcome these challenges, Victor Risk Advisory offers rock-solid industry insights, risk mitigation resources and much more.

Save time and money with V²

If you’re an agent or broker, see how our online quoting platform can streamline your work and remove the stress from the entire quoting process.

Are you a member of the National Association of REALTORS®?

We can offer you special discounts and pricing on our coverages.

Side view of modern apartments with balconies

Discover our other solutions

Our wide range of solutions provides protection on more fronts. No matter how complex, no matter the scale, we strive to leave no stone unturned in covering our clients.

Automotive Dealerships

Targeted, rounded solutions that keep pace with the automotive industry’s emerging risks.

Builders Risk

Protects buildings under construction from fires, theft, natural disasters and much more.

Business Owners Policy

Specialty insurance for small and midsize businesses, covering essentials like property damage and business interruption.

Contractors Equipment

Broad inland marine coverage for direct physical damage and loss to mobile machinery and equipment used for construction projects and other activities.

Cyber

Designed for a whole host of cyber threats, such as cybercrime, system damage, business interruption and even court attendance costs.

Design, Construction & Consultants

Far-reaching and flexible solutions for design and construction professionals. Includes professional liability; errors and omissions and property and casualty.

Developers Errors & Omissions

Protects against the complex risks that come with real estate development services. Offers the flexible coverage developers need to navigate today's risk landscape.

E&S Property and General Liability

Excess and Surplus coverage for unique and hard-to-place risks. Available to a broad appetite across several industries.

Flood

Protects against major damage to homes, businesses and personal property caused by floods. Includes an industry-leading, web-based flood portal and access to real-time flood policy insurance.

Forest & Logging

Competitively priced coverage for property, general liability, including loggers broad form property damage, commercial auto, inland marine and umbrella coverage.

General Liability

From artisan contractors to fitness instructors, we offer essential and comprehensive protection against injury, illness and property damage for businesses.

Kidnap, Ransom & Extortion

Available to practically any type of company or high net worth individual. We provide guidance on predicting and preventing these events - plus access to a leading international crisis response firm.

Miscellaneous Professional Liability

Protects against claims arising from professional malpractice. Covers a breadth of industries from advertising to surveyors, with limits up to $5m.

Non-Profit Management Liability

Protects non-profits' directors, employees, volunteers and more from a wide selection of risks. These include directors' and officers' liability, employment practices liability and other vital coverages.

Private Company Management Liability

Privately held organizations are vulnerable to a whole host of allegations. Our program provides D&O, EPL and several other essential coverages to help protect private companies.

Public Entities

We have a wealth of experience working with cities, counties, special districts, schools and colleges across the US. We're focused on providing underwriting and administrative services to public entity pools – and helping retail insurance brokers in finding markets for their public entity and school clients.

Real Estate Errors & Omissions

Real estate transaction risks are always on the move. Our insurance keeps up with flexible coverage for real estate agents, brokers, appraisers and more.

Reinsurance

If you're a small to midsize US insurer, we offer a number of programs to support your risk portfolio. With first-rate financial strength ratings, you know you're in safe hands.

Workers' Compensation

Top-tier wage replacement and benefits for employees who've been injured at work. Features super reactive claims services and limits of up to $1m.