Source: Liberty Mutual – Real Estate Insurance
Liberty Mutual: Real Estate Insurance Appetite
Liberty Mutual is a capable real estate market, particularly for property management companies and mid-size landlords. Their habitational program handles apartment buildings well. However, they don't offer real estate agent E&O, so agents will need a second carrier for that coverage. For a one-stop shop, Nationwide may be a better fit.
Available Lines
| Line of Business |
|---|
| General Liability |
| Business Owners Policy (BOP) |
| Commercial Property |
| Workers' Compensation |
| Commercial Auto |
| Umbrella/Excess |
Premium Range
$2,000-$15,000
Typical annual premium
Target States
All 50 states and DC
Key Features
- Commercial property coverage for rental portfolios and office buildings
- BOP for real estate offices and property management companies
- Habitational coverage for apartment buildings up to 200 units
- Loss of rental income and fair rental value coverage
- Ordinance or law coverage for older buildings requiring code upgrades
Limitations
- Real estate development projects during active construction need builders risk
- HOA master policies for condominiums over 100 units need specialty markets
- Real estate agent E&O must be placed with separate specialty carriers
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