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(443) 502-5645 sales@pbigroupsolutions.com 1405 S Fern St #96426, Arlington, VA 22202
PBI Group
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NEW YORK · PROPERTY MANAGEMENT

Property Management Insurance for New York firms.

Most generic real estate E&O leaves New York property managers exposed. PBI Group writes a PM-specific endorsement that responds to failure-to-maintain, habitability, rent collection disputes, and mismanaged deposit claims under New York Department of State, Division of Licensing Services.

We Love Our Clients

What our New York PM clients are saying

Showing stories from NY

Two years ago, we were looking to make some changes to our real estate E&O policy and we were contacted by PBI Group. Right from the start Paul was very easy to talk to, always took the time to explain everything we needed to know, and made sure that all questions were answered.

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The process was very smooth and the communication with Paul has always been great. He's always quick to respond to any call or email and we are very happy with the service that Paul and PBI Group has provided. I would highly recommend PBI Group.

Elaine
Elaine
Century 21 Galloway Realty · NY

PBI Group was more interested in educating me on the E&O insurance coverage for my real estate agency than just selling me a policy. They are very knowledgeable and I consider them a trusted partner of my New York real estate brokerage.

John
John
RE/MAX Classic Realty · NY

Working with Paul and Rachel at PBI Group for my E&O insurance has been a pleasure! They are so responsive, helpful and kind. They really know all things E&O insurance for New York and we feel like we are in great hands - they don't skip a beat! Thank you!

Andrea
Andrea
Four Seasons Sotheby's International Realty · NY

Paul Bondy at PBI Group always does what he says and works very hard to get the job done for my real estate E&O insurance. He is a rare individual who will always follow up to answer my questions as well as on what he promises. Highly recommend PBI Group for your E&O insurance for your real estate agency.

Brian
Brian
BSRG Inc. · NY

EXCEPTIONAL! The knowledge, expertise, and professionalism shown were tops. Both Paul Bondy and Eric Mauriello spend ample time educating me on the E&O and Cyber policy benefits, and coverage limits and ensured I understood what was being covered. They both were terrific

Frank
Frank
Century 21 AA Realty · NY

Paul Bondy and PBI Group do everything right with my New York real estate E&O insurance. They are easy to reach, respond to questions quickly, are professional, knowledgeable, and dependable. They also keep us informed about any developments (like Cyber Liability) that we need to know about.

Keith
Keith
Coldwell Banker Faith Properties, Inc. · NY

What makes PM E&O different in New York

New York property managers operate under New York Department of State, Division of Licensing Services rules. Trust account compliance, habitability, and tenant disputes are the most-cited claim categories. Generic agent-side E&O policies aren't built for these — PM-specific endorsements vary widely between carriers.

PBI Group's PM endorsement responds to the five common claim categories New York property managers actually face:

  • Failure to maintain — habitability complaints, repair tickets ignored, slip-and-fall on flagged hazards
  • Rent collection / eviction — wrongful eviction counterclaims, harassment allegations, security deposit disputes
  • Mismanaged trust accounts — regulator audit issues, commingling claims
  • Vendor selection — contractor negligence claims pulled into the PM's E&O
  • Owner disputes — disagreements over PM authority, fee structure, or reporting

New York regulator and PM-specific rules

Property managers in New York operate under New York Department of State, Division of Licensing Services. Trust account compliance is typically the most-audited area; our policy form responds to defense costs and regulatory representation in those proceedings, including the deposition phase that pure agent E&O often excludes.

Coverage written for the PM book

Most generic real estate E&O policies are written for the agent-side activity (listings, sales, dual agency). Property management exposures don't fit that mold. PBI Group's PM endorsement extends the policy form to:

  • Habitability / failure-to-maintain claims
  • Rent collection and eviction disputes
  • Trust account audit and regulatory defense
  • Vendor selection liability
  • Owner/PM contract disputes

How PM premium scales by door count

PM premium typically scales with door count, not headcount. We segment by units under management and mix of single-family vs. multi-family. New York firms operating between 100–500 doors fit the strongest premium tier under our program.

You'll be surprised how affordable the best can be.

Let PBI Group get you a quote — no fluff, no pressure, just a fair price for strong coverage.

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