01
Errors and omissions
Whether your errors and omissions form responds to the specific services in your management agreements, including construction management if you perform it
Coverage Review Commercial Property Management
Office, retail, industrial, and mixed-use portfolios generate the most complex insurance obligations in this business. Tenant build-outs run continuously, leases impose their own insurance requirements, and New York Labor Law extends absolute liability to owners, contractors, and their agents. A commercial management program that was correct three years ago is usually out of step with the leases signed since.
Start the ReviewWhat We Look At
02
Additional insured status
Additional insured status on vendor and contractor policies whether it exists, whether it is primary and non-contributory, and whether the endorsement form is the one your lease actually requires
03
Scaffold law exposure
Scaffold law exposure across the portfolio and whether the contractual risk transfer holds up under Labor Law sections 240 and 241
04
Lease-driven requirements
Lease-driven insurance requirements and whether your program satisfies what your tenants and lenders are entitled to demand
05
Environmental and pollution
Environmental and pollution exposure, which owners frequently assume is covered somewhere and frequently is not
06
Equipment breakdown & ordinance or law
Equipment breakdown and ordinance or law, the two lines most often missing on older commercial stock
WHAT TO SEND
Three documents get most of the way there.
Three documents get most of the way there: your management agreements, your current declarations pages, and your vendor certificate log. If you have a claim history or a renewal quote in hand, send those too. If you have none of it organized, send what you have assembling it is part of the work.
WHAT YOU GET BACK
A written summary of what does not line up.
A written summary of where the program does not line up with what you have agreed to carry, ranked by what would actually hurt. Not a quote sheet. If the conclusion is that your current program is sound, that is what the summary will say, and there is no obligation attached to it.