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
Texas requirements for property management businesses
Texas property managers leasing or collecting rent for others need a TREC broker license or must work under one. Texas Property Code security-deposit deadlines and the state's fast eviction timelines produce most of the procedural claims we see.
Workers' compensation in Texas
Texas is the only state where private workers' compensation is optional. Going bare as a 'non-subscriber' removes the exclusive-remedy protection, which is why nearly every general contractor, landlord, and municipality requires subscription anyway. Rates are developed through TDI-approved carriers using NCCI class codes, 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. Non-subscriber status must be reported to the Texas Department of Insurance annually and posted for employees. Most contracts override the choice — read the insurance exhibit before deciding to opt out.
What Texas operators actually pay in 2026
The ranges below reflect what KTL clients in Texas pay today for a small-to-midsize operation, adjusted for Texas 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 TX annual cost |
|---|---|---|
| General Liability | $1M/$2M, management operations | $1,000 – $3,550 |
| Property Managers E&O | $1M/$1M, portfolio-based rating | $1,550 – $5,950 |
| Crime / Employee Dishonesty | Trust account and rent collection | $500 – $2,050 |
| EPLI | On-site staff and applicant claims | $850 – $3,250 |
| Umbrella | $1M–$5M excess | $950 – $3,400 |
The Texas angle most brokers miss
Texas security-deposit statutes carry penalty exposure with tight deadlines. Automating the deposit accounting process reduces claims more than raising limits does.
Exposures we underwrite for Texas 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 Texas
We serve Texas clients remotely by phone, email, and video — no office visit required — with concentrations in Houston, Dallas–Fort Worth, Austin, San Antonio, El Paso. 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.