Employment Practices Liability
- A management Company is more likely to be sued for an employment related practice. Purchasing an employment practices liability policy is as important as having workers' compensation insurance.
- The average cost of an employment related claim is $150,000. Can a management company afford to not insure for this exposure?
- Third Party Discrimination: This coverage is designed for potential allegations of discrimination by a non-employee third party. A management company facilitates coordination of direct and indirect services for their client. The potential of a client, vendor, homeowner or tenant alleging some form of discrimination is increasing each year.