Mitigating Landlord Risk: Adding Your Property Manager as Additional Insured in Richmond, VA
When we talk with Richmond-area landlords about risk, adding the property manager as additional insured on the landlord policy is one of the simplest best-in-class practices we recommend. For rental owners across the Richmond Metro area—including Richmond City, Henrico, Che...
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Umbrella insurance is a valuable tool for real estate investors to mitigate liability risks. This is especially true for those who do not hold their properties under Limited Liability Companies (LLCs) as umbrella policies can provide an extra layer of protection beyond the l...
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Why PMI James River Requires Contractors to Name Us as Additional Insured
At PMI James River, we prioritize protecting our clients and their assets as well as our contractor partners. As part of this risk management strategy, we require all contractors to name PMI James River as an Additional Insured on their General Liability insurance polic...
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A Primer on Insurance Requirements for Contractors Working with Property Managers
Property managers operate in a complex and high-risk legal environment, where contractor compliance with insurance requirements is paramount. For companies like PMI James River, ensuring that contractors carry the necessary coverage is not just a best practice—it’s a ...
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