Home > Business Insurance > BluPrint Commercial Realty Insurance
BluPrint Commercial Realty Insurance
Property Management Insurance for Property Managers & Realtors.
Coverage, Built In.
Commercial property owners and managers need coverage that’s engineered for the realities of managing buildings, tenants, and complex portfolios. BluPrint is Western’s comprehensive commercial property insurance solution, designed for Canadian real estate investors looking for clarity, confidence, and strong protection.
Whether you're safeguarding a single commercial building or a growing portfolio, BluPrint offers the structure, flexibility, and highvalue coverage needed to protect your investment. .
Why BluPrint?
BluPrint was designed after examining competitive gaps, industry benchmarks, and feedback from real estate stakeholders. Investors want reliability, clarity, and simplicity and BluPrint delivers: Confidence, Built In.
Who Property Management Insurance Is For
BluPrint Commercial Realty insurance is ideal for:
- Commercial building owners
- Owners of commercial condos
- Property managers
- Real estate investment groups
- Multiproperty portfolios
Geographic availability: BC, AB, SK, MB, ON
Types of Coverage Included in BluPrint Commercial Realty Insurance
Property Management Insurance Package
Commercial General Liability Insurance: Covers claims related to bodily injury or property damage, such as a tenant slipping on poorly maintained stairs.
Professional Liability Insurance (Errors & Omissions): Protects against claims of negligence, mismanagement, or failure to perform professional duties, including lease errors or missed maintenance issues.
Commercial Property Insurance: Covers office space, equipment, and business property used in property management operations.
Cyber Liability Insurance: Protects against data breaches and cyber incidents involving tenant records, financial data, or online payment systems.
Core Coverages
- All-risk building & contents protection
- Commercial General Liability with optional limits
- Business income protection with four tailored income forms
- Building upgrades allowed (roofing, heating, plumbing, electrical)
- One simplified deductible option
Coverage Highlights
- Up to $22.5 million in total coverage
- Building, income, and liability protection
-
Coverage for:
Commercial buildings, Commercial condominiums, Mixed use properties (where eligible), Multitenant buildings. -
Optional protections for:
Earthquake, Flood, Sewer backup, Equipment breakdown, Cyber Commercial crime
How Much Does Property Management Insurance Cost?
Property management insurance costs depend on:
- Number and type of properties managed
- Residential vs. commercial exposure
- Annual revenue
- Number of employees
- Claims history
- Coverage limits selected
Policies are typically customized to match the size and complexity of your property portfolio.
Common Risks Faced by Property Managers
- Tenant injury claims on managed properties
- Lawsuits alleging negligent maintenance
- Disputes over lease terms or evictions
- Contractor or vendor-related incidents
- Fair housing or discrimination claims
- Data breaches involving tenant information
Property Management Insurance FAQs
Is property management insurance required?
While not always legally required, many property owners require managers to carry specific insurance coverages as part of management agreements.
Does this insurance cover tenant lawsuits?
General liability and professional liability insurance can cover many tenant-related claims, depending on policy terms.
Do realtors who manage rentals need separate insurance?
Yes. Realtors who manage properties often need coverage beyond standard real estate E&O policies.
Does property management insurance cover subcontractors?
Coverage for subcontractors varies and should be reviewed carefully when setting up a policy.