The Knowledge Base

helpful tidbits from the experts

In focus:

Property Managers

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How a Property Management Company Secured Workers’ Comp

By updating their online information to match their actual operations, Kickstand Insurance helped a property management company in Connecticut secure workers' comp insurance after repeated denials.

a property manager calculating workers' comp cost

5 Tips to Reduce Your Property Management Workers' Comp Cost

One expense that can be significant in the property management business is workers' compensation. There are simple methods your business can implement to help reduce your workers’ comp insurance premium costs over time. Below, we’ll explain how workers’ comp for property management companies is calculated and offer our top tips to help you reduce those premiums and boost your bottom line.

a property manager showing the new tenants the house

Property Management Workers’ Comp Class Codes

Using the wrong property management workers’ comp code could cost you a lot of money or even get your insurance application declined. Understanding each property management workers’ comp class code is essential to making informed decisions that support your company’s success, while also protecting your people in the case of workplace accidents.

Workers’ Comp Rate for Property Management 2024

In 2024, the average workers' comp rate for property management is $2.48 per $100 of payroll. This insurance covers work-related accidents or illnesses for property managers.

an insurance agent helping a property manager reduce rate

How Kickstand Reduced a Property Manager’s Workers’ Comp Rates by 50%

By applying the right class code, Kickstand Insurance helped a property management company in West Virginia save nearly 50% on their workers' comp premiums.

The Value of Workers’ Compensation for Property Managers

Property management can be a lucrative industry. It allows you to maintain, market, show, and rental properties for owners without having to own real estate yourself. Depending on your goals, a property management firm can be almost any size, from a sole proprietorship where you wear all the hats yourself, to a large firm.

Office employee needing workers’ comp for property managers in office accidents

Workers’ Comp for Property Managers: All You Need to Know

Workers’ Comp for property managers is required in almost every state. It covers medical costs and a portion of lost wages for work-related injuries and illnesses. In this blog post, we’ll discuss what workers’ comp for property managers covers, key class codes for property management companies, and workers' comp tips for property managers.

The Knowledge Base

helpful tidbits from the experts

In focus:

Property Managers

How a Property Management Company Secured Workers’ Comp

5 Tips to Reduce Your Property Management Workers' Comp Cost

Property Management Workers’ Comp Class Codes

Workers’ Comp Rate for Property Management 2024

How Kickstand Reduced a Property Manager’s Workers’ Comp Rates by 50%

The Value of Workers’ Compensation for Property Managers

Workers’ Comp for Property Managers: All You Need to Know

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