Source: CNA — Real Estate Industry
CNA: Real Estate Insurance Appetite
CNA provides solid coverage for real estate firms, especially when E&O and EPLI are important parts of the package. Their professional liability for real estate agents and property managers is competitive with Travelers. For straight property-only accounts, other markets may offer better pricing.
Available Lines
| Line of Business |
|---|
| General Liability |
| Commercial Property |
| Professional Liability |
| Workers' Compensation |
| Umbrella/Excess |
| Employment Practices Liability |
Premium Range
$4,000-$25,000
Typical annual premium
Target States
All 50 states
Key Features
- E&O coverage for real estate brokers, agents, and property managers
- Commercial property program for office buildings and mixed-use portfolios
- EPLI with independent contractor coverage for real estate firms
- Umbrella capacity up to $25M for larger property management companies
Limitations
- Large habitational portfolios are better placed with specialty markets
- Real estate investment trusts need separate financial lines coverage
- Construction defect claims on new development projects may be excluded
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