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

Property Management Insurance for Tennessee firms.

Most generic real estate E&O leaves Tennessee 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 Tennessee Real Estate Commission.

We Love Our Clients

What our Tennessee PM clients are saying

Showing stories from TN

Working with the PBI Group on my E&O insurance was a pleasure indeed. We learned on short notice in the middle of December that the previous provider of our E & O Insurance was increasing the cost of such insurance by almost 18 - 20% and the deductible offered by the firm went from $2500 to $10,000 per claim.

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Since we weren't expecting such a major change in cost with the renewal deadline staring us in the face...we contacted several other firms to inquire about E&O Coverage for our firm. After several calls and finding that most firms were also only offering E&O with a very high deductible per claim with no first line of defense period. We contacted the PBI Group and found to our amazement, that their coverage was what we had basically had for years... a $2500 deductible with an offer of first dollar defense in the policy. With a quick application being submitted with our previous loss runs, we were quickly informed that we could obtain all of the coverage we were looking for at a reasonable price. We opted for this policy with the PBI Group and informed them that we would need to insure our coverage no later than 26 December 2012 to comply with one of the two states where we operate; with the deadline for the other state by 31 December 2012. The policy was quickly generated for our review and documentation Certificates were sent by the PBI Group for both States allowing us to meet all of our requirements in a timely manner. In addition to that, PBI sent Certificates of Coverage to our Franchisor which is a requirement of our franchise agreement as well. PBI service was absolutely the best service we have ever experienced in dealing with E&O Insurance Firms from the product, the cost, and the manner in which all were handled for us. The firm, in our opinion, has no equal in the business! We have been in the Real Estate Business since 1869, the PBI Group will be our carrier from this point forward. We give our unqualified recommendations to any Real Estate Firm who is seeking a firm to handle their E & O Insurance business.

Tom
Tom
Coldwell Banker Conroy, Marable & Holleman · TN

We have utilized PBI for both our E&O insurance as well as Cyber for several years now. They have consistently provided a high level of professional customer service, both helpful and informative. In addition, they shop and vet their carriers well and have been able to provide the lowest rates available.

Kathy
Kathy
Greater Chattanooga Realty - Keller Williams · TN

PBI Group has been super helpful and professional from the start for my real estate E&O insurance. The online application was straightforward and all representatives were responsive and knowledgeable

Steve
The Power Agents, LLC · TN

What makes PM E&O different in Tennessee

Tennessee property managers operate under Tennessee Real Estate Commission 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 Tennessee 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

Tennessee regulator and PM-specific rules

Property managers in Tennessee operate under Tennessee Real Estate Commission. 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. Tennessee 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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