Core coverages in this program
- •General Liability (managed portfolio)
- •Property Managers Errors & Omissions
- •Employment Practices Liability (EPLI)
- •Workers' Compensation
- •Crime / Employee Dishonesty for trust accounts
- •Commercial Umbrella & Hired/Non-Owned Auto
Florida requirements for property management businesses
Florida community association managers (CAMs) are licensed by the DBPR, and rental management typically requires a real estate license. Florida condo association work carries post-Surfside structural reserve and inspection obligations that raise E&O exposure sharply.
Workers' compensation in Florida
Florida requires workers' compensation at one employee for construction, four employees for most non-construction businesses, and one employee for agricultural operations with a seasonal threshold. Rates are developed through NCCI, with rates filed through the Florida Office of Insurance Regulation, and property management payroll typically rates at $1.25 to $4 per $100 of payroll depending on whether maintenance staff are employed directly or subcontracted. Named-storm deductibles, roof-age underwriting, and Citizens/E&S property placements dominate Florida property pricing. Liability is usually easy to place; property is where the program gets structured.
What Florida operators actually pay in 2026
The ranges below reflect what KTL clients in Florida pay today for a small-to-midsize operation, adjusted for Florida rating. Your actual premium turns on payroll, revenue, loss history, and — more than anything — whether the risk was classified correctly to begin with.
| Coverage | What it covers | Typical FL annual cost |
|---|---|---|
| General Liability | $1M/$2M, management operations | $1,200 – $4,200 |
| Property Managers E&O | $1M/$1M, portfolio-based rating | $1,800 – $7,000 |
| Crime / Employee Dishonesty | Trust account and rent collection | $600 – $2,400 |
| EPLI | On-site staff and applicant claims | $1,000 – $3,800 |
| Umbrella | $1M–$5M excess | $1,100 – $4,000 |
The Florida angle most brokers miss
Florida CAM work now involves reserve studies and milestone structural inspections. E&O forms that predate those laws often leave the advice gap uncovered — we check the form's date.
Exposures we underwrite for Florida accounts
Every submission we send out is built around the specific ways businesses in this class actually have claims. That is what separates a benchmarked program from a rate quote.
- •Tenant injury and habitability claims at managed properties
- •Fair-housing and discrimination complaints during leasing
- •Trust-account theft or accounting errors
- •Failure to maintain or inspect leading to owner claims
- •Uninsured maintenance vendors creating comp and liability exposure
Where we write in Florida
We serve Florida clients remotely by phone, email, and video — no office visit required — with concentrations in Miami–Dade, Broward, Orlando, Tampa Bay, Jacksonville, Fort Myers. New business, renewals, mid-term changes, and certificates are all handled directly by a licensed advisor rather than a call center.
Ready for a benchmarked quote?
A KTL specialist will shop your risk across multiple A-rated markets within one business day.