Property Management

Property Managers are targets for Cyber Criminals. Here's a few reasons why:

  • Frequent money transfers involving landlords, renters, contractors, etc.
  • Storage of Personal Information that can be used for Identity Theft 
  • Reliant on client/renter/banking data to operate (Ransomware Target)
  • No dedicated IT Department to secure the computers 

Real Estate Wire Fraud Losses saw almost a 50% increase in 2019 from 2018
The theft of 100 Client Data records with Personal Information has a 49% chance of a $100k claim. 
In 2019, Ransomware attacks rose 40%, Ransoms doubled.

What the Policy Pays For:

  • Attorneys, Computer Forensic experts, and Other Expenses to investigate, help recover, and defend you after a Cyber Event
  • Damages, such as replacing money stolen due to wire fraud, or paying for copyright infringement or ransomware recovery.
  • Notification and credit monitoring to those who had sensitive personal data compromised
  • Upgrade of computers/software to prevent future breaches
  • 24/7 Cyber Incident Response- Cyber experts available to help you recover after a breach

What’s Covered:

  • Wire Transfer fraud- Theft of client money by fraudulent wiring instructions, etc.
  • Data Breach- Theft of private business and/or client information.
  • Multimedia Liability- Claims of copyright infringement, defamation, plagiarism from use of photos, home inspections, etc.
  • Cyber Extortion/Ransomware-Threat to release, or prevent access to client and other data on your computer unless you pay a ransom.

Claim Example #1: You download malware by clicking an email link that looks like it’s from your bank. A fraudster emails false wire instructions from your compromised email account to a client. They send their down payment to the fraudster.

Claim Example #2. You receive an email request to change the Direct Deposit account for a Property Management client. A week later they contact you looking for their payment. You discover the email was fake and you sent their money to a fraudster. 

Other policies would not cover both of these claims examples. Transferring Third-Party funds without a breach is only covered by us.

How Does Our Policy Compare to others? Click Here to find out.

Policy Info:

The Realty Cyber policy has two ways to protect you, and your client’s funds; liability and crime coverage. Most cyber policies only have liability coverage and may not cover client’s funds.

  • Liability Policy Limit- Pays for attorneys, and damages you are legally liable to pay for copyright infringement, libel/slander, or, if due to a real or suspected computer hack, wire fraud, identity theft, etc.
  • eCrime- Pays to replace your, or Third Party funds controlled by you due to fraudulent wire instructions, phishing attack, etc. Ours is the only policy that covers Third Party funds without requiring a security breach. So if your firm holds funds in a Broker Held Escrow, Property Management, Commissions account, this protects you if you wire money to a fraudster.

We have 2 policy options: Individual and Firm.
Individual policies only cover the person named, not their Firm. Firm policies cover the Firm, their employees, and Independent Contractors (licensees). 

Individual Licensee Coverage and Pricing





eCRIME (you send your, or Third-Party funds to a criminal) $10,000 $25,000 $50,000 $100,000
DEDUCTIBLE $1,000 $1,000 $1,000 $1,000
PREFERRED PREMIUM* $125 $200 $300 $600
STANDARD PREMIUM* $250 $350 $450 $1,000
Start Application

Firm Coverage and Pricing
Based on Past 12 Months Revenue (Commissions and Fees received prior to any splits).

POLICY LIMIT  $500,000 $1,000,000
eCRIME (you send your, or Third-Party funds to a criminal) $50,000 $100,000
DEDUCTIBLE $2,500 $2,500
$0 to $2,000,000 Revenue
$2,000,001 to $5,000,000
$5,000,001 to $7,500,000
$7,500,001 to $10,000,000



$0 to $2,000,000 Revenue
$2,000,001 to $5,000,000
$5,000,001 to $7,500,000
$7,500,001 to $10,000,000



* Membership in the Realty Cyber Purchasing Group is required and is an additional $20 for Individuals and $50 for Firms. Depending on your state, taxes and fees may be added.

Preferred Premium Requires Risk Management Procedures Including:

  • Dual Factor Authentication: Requiring a text code to change your email and other passwords
  • Enabling auto-updates for your operating system
  • Use DNS Services with advanced security-lets you know if an online link is fake
  • Warning your clients of potential wire fraud in writing-we provide a warning notice you can use

We want to help you protect your business, and qualify for the best rates, so written and video tutorials are included to help you meet the Preferred Premium requirements, which must be in place 72 hours from purchase. We recommend, but do not require that these standards be in place for your licensees.

To get started, click the Start Application button below to watch a required 3 minute Wire Fraud Prevention and Cyber Security video. Once the video ends, you will complete a one-page application then pay your policy. Your policy will last one year from your purchase date.

Start Application

We use a Master Policy for all Members, so you will be issued a Certificate of Coverage showing the coverage you chose. Coverage begins the day after your purchase. For more details, go to our FAQ page Click Here.

Delivering the Best Cyber
Insurance to Our Clients