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General Landlording & Rental Properties

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Arjun K.
  • Real Estate Investor
  • New York, NY
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210
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Property Manager Wants to be Additional Insured or Co-Insured

Arjun K.
  • Real Estate Investor
  • New York, NY
Posted Jun 20 2013, 20:20

This topic has come up in past forums and on Google searches, but there seems to not be a definitive answer.

Basically, a PM wants to be listed as "additional insured" on a property. I assume this is so he can look to my insurance first if there ever is a problem (assuming that he carries his own insurance).

Other PMs have asked for this coverage as well. My current PM does not ask for this.

How "hard" a line should I put here? If PM refuses to budge, do I need to find a new one?

Thanks

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