Insurance for property preservation contractors.

General liability, errors and omissions, auto, and workers’ comp for crews who winterize, rekey, secure, and clean out bank-owned and vacant homes for servicers and asset managers.

What property preservation companies usually carry

General liability, $1M / $2M
Errors and omissions
Commercial auto
Workers’ comp
Tools and equipment
Hired and non-owned auto

Watch for these in a property preservation policy

Wrongful entryRekeying a home that is still occupied brings wrongful entry and eviction claims. The standard general liability form covers those as personal injury, but some preservation policies strip it out.
Belongings you haul awayClearing out property the owner later says was not abandoned is a claim for its value. General liability often will not pay it. Preservation errors and omissions may.
Freeze damageA missed winterization or a split pipe after your visit is the costly claim here. Some policies exclude or cap freeze damage, even when your work caused it.
Mold and hazardous debrisVacant homes come with mold, needles, and chemicals. Mold and pollution exclusions often apply, and hauling hazardous waste may need its own coverage.
Your subcontractorsMany policies require certificates from every sub you hire, and uninsured subs get charged at audit.

What servicers and asset managers ask property preservation companies for

Errors and omissionsServicers and national vendors often require it alongside general liability.
Additional insuredThe servicer, the asset manager, or the national vendor that assigns the work.
Auto liabilityA set minimum on every vehicle that goes to their properties.
Workers’ compProof of coverage for your crews, even when most of the work is subcontracted.

Questions property preservation companies ask

Straight answers.

The questions we hear most, answered plainly.

Do property preservation contractors need errors and omissions coverage?

Many servicers require it. It answers mistakes in the service itself, like a missed winterization or a cleanout at the wrong address.

What if we clean out the wrong house?

It happens, and it is expensive. Whether general liability or errors and omissions answers depends on the wording, which is why preservation contractors often carry both.