Key Takeaways
- Pollution Legal Liability insurance is essential for properties with known or suspected contamination—$3,000-$25,000/year.
- Builder's risk insurance should cover soft costs and delay in completion, not just hard construction costs.
- EPLI covers employment discrimination, wrongful termination, and harassment claims—$1M minimum for employers.
- Cyber liability exposure grows as property management becomes more technology-dependent—budget $1,000-$5,000/year.
This track contains subscriber-only lessons
Explore free tracks in this area of study, or subscribe for full access.
Browse available tracks"Insurance Compliance: Auditing, Liability Control & Specialized Coverage" is a Pro track
Upgrade to access all lessons in this track and the entire curriculum.
Test Your Knowledge
1.What does environmental impairment liability (EIL) insurance cover?
2.When is EPLI (Employment Practices Liability Insurance) needed?
3.What emerging risk category requires specialized cyber insurance?