PM asking to be added to my liability policy

[Account Closed]

My PM came out with a new contract. It now requires me to get a liability insurance policy, and add them on the policy. Is this normal? My attitude is that I should only be responsible for my negligence, not theirs. Thoughts?

[Zach Lemaster]

This would be fairly common, and I encourage you add them to your policy to ensure everyone is adequately covered.  This can vary on some SFRs.  On many commercial assets with larger mngt firms this is would be expected, and normal.