Property Manager Business Owner's Policy (BOP) in Michigan

Michigan Property Manager businesses pay $125–$625/month.

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Property Manager BP Rates by City and County in Michigan

LocationEst. Monthly RateGet Quote
Detroit$181–$906/moCompare →
Grand Rapids$138–$688/moCompare →
Warren$144–$719/moCompare →
Sterling Heights$148–$738/moCompare →
Lansing$131–$656/moCompare →
Ann Arbor$156–$781/moCompare →
Flint$119–$594/moCompare →
Dearborn$144–$719/moCompare →
Livonia$150–$750/moCompare →
Troy$156–$781/moCompare →
Wayne County$175–$875/moCompare →
Oakland County$163–$813/moCompare →
Macomb County$148–$738/moCompare →
Kent County$138–$688/moCompare →
Genesee County$119–$594/moCompare →
Washtenaw County$156–$781/moCompare →
Ingham County$131–$656/moCompare →
Kalamazoo County$131–$656/moCompare →
Ottawa County$125–$625/moCompare →
Saginaw County$119–$594/moCompare →

Coverage Types for Property Manager in Michigan

  • ✓General Liability
  • ✓Business Owner's Policy (BOP)
  • ✓Workers' Compensation
  • ✓Commercial Property
  • ✓Professional Liability (E&O)

Top Risk Exposures

  • 1.Errors in financial advice or documentation
  • 2.Data breach and client identity theft
  • 3.Professional negligence claim
  • 4.Regulatory audit and compliance issue
  • 5.Slip and fall at office
  • 6.Employee theft or dishonesty

FAQs — Property Manager Business Owner's Policy (BOP) in Michigan

How much is business owner's policy (bop) for Property Manager in Michigan?

Property Manager businesses in Michigan typically pay $125–$625/month for business owner's policy (bop). Rates vary by city, revenue, employee count, and claims history.

Is business owner's policy (bop) required in Michigan for Property Manager?

Michigan doesn't legally mandate business owner's policy (bop) for most businesses, but commercial leases, client contracts, and licensing boards typically require proof of coverage.

What does business owner's policy (bop) cover for Property Manager in Michigan?

Business Owner's Policy (BOP) bundles general liability and commercial property into one cost-saving package. For Property Manager businesses, key covered scenarios include: Errors in financial advice or documentation; Data breach and client identity theft; Professional negligence claim.

What are the biggest risks for Property Manager businesses in Michigan?

Top exposures: (1) Errors in financial advice or documentation, (2) Data breach and client identity theft, (3) Professional negligence claim, (4) Regulatory audit and compliance issue.

Which carriers write Property Manager policies in Michigan?

Top carriers in Michigan for Finance, Insurance & Real Estate businesses: The Hartford, Travelers, Liberty Mutual, Nationwide, Coterie, Thimble, CNA, and Employers. Use ERGO Next to compare coverage options from top-rated commercial carriers.

Can I get same-day business owner's policy (bop) in Michigan?

Yes — most Property Manager policies can be quoted, bound, and issued same-day. Your Certificate of Insurance is available immediately after binding.

Rate estimates reflect 2026 industry data adjusted for Michigan cost index. Content reviewed by My Digital Kube editorial team, licensed commercial insurance professionals.