For insurance buyers, insurance agents and insurance wholesalers!For insurance buyers, insurance agents and insurance wholesalers!
Normandy Harbor Insurance Company
Contact Us
contact_phone Click to call
Normandy Harbor Insurance Company
Contact Us
contact_phone Click to call

Property Management - Workers' Compensation Insurance

Overview — Normandy Harbor Insurance Company: Property Management Workers' Compensation

Normandy Harbor Insurance Company offers a focused admitted workers' compensation program designed for property management firms operating in Florida. This program targets day-to-day property management exposures for low- to mid-rise residential and light commercial properties and combines flexible payment options with underwriting discipline, in-house loss control, and an established dividend history for eligible accounts.

Ideal Accounts and Appetite

This program is built for property managers and firms that meet Normandy Harbor's qualifying criteria. Typical accounts that fit well include:
  • On-site residential property management (apartments, condominiums, HOA management)
  • Small commercial property managers (low-rise retail, office parks under two stories)
  • Third-party management firms handling tenant relations, leasing, and routine maintenance
Accounts with predictable payrolls, a history of stable or improving loss experience, and limited subcontractor exposure are preferred.

Program Highlights and Advantages

Normandy Harbor’s workers' compensation offering emphasizes practical benefits for agents placing property management business:
  • Admitted paper in Florida — simplifies placement and compliance for Florida-based risks.
  • Flexible payment plans — Pay-as-you-go, 10% down with monthly payments, 10% down with 9 installments, or 12 equal installments.
  • Underwriting focused on loss control and long-term partnership — in-house loss control team and experienced underwriting.
  • Claims and financial strength — aggressive, expedient claims handling, “A”-rated reinsurance, and a history of dividend payouts to qualifying clients.

Underwriting Guidelines and Minimums

Key eligibility factors agents should confirm before submission:
  • Minimum of three full-time employees in the governing classification.
  • Favorable loss history and at least one year of prior workers' compensation coverage.
  • Subcontracted work limited to a maximum of 30% of total operations.
  • No operations that involve work over two stories (low-rise only).
  • Minimum premium: $1,000.
Provide standard documentation with submissions: current payroll estimates, loss runs (minimum 3–5 years preferred), details on subcontractor usage, and proof of prior coverage.

Territory and Availability

This workers' compensation program is offered by Normandy Harbor as admitted paper for Florida-based risks. Availability outside Florida may be limited; confirm territory eligibility with underwriting before submitting out-of-state accounts.

Why Submit Property Management Business to Normandy Harbor

As an admitted Florida carrier with specialized underwriting for property management exposures, Normandy Harbor combines flexible billing, proactive loss control services, and a track record of returning dividends to eligible policyholders. If you need an admitted solution with on-the-ground underwriting and responsive claims service for low- to mid-rise property management accounts, this program is worth considering.

Example Account Scenarios

  • You have a 25-unit apartment management company with three full-time on-site staff, routine maintenance handled in-house, favorable losses for the last three years, and limited subcontractor use — this fits the Normandy Harbor appetite.
  • You represent an HOA management firm that handles leasing and tenant services for several low-rise condo communities and wants admitted coverage plus flexible installments — Normandy Harbor’s payment options and admitted status can simplify placement.

Frequently Asked Questions

What types of property management accounts does Normandy Harbor accept?

Normandy Harbor targets residential and light commercial property management operations that meet core eligibility: minimum three full-time employees in the governing class, favorable loss history, limited subcontractor usage (=30%), and no work above two stories.

Which payment plans are available for insureds?

Agents can offer several billing options: Pay-as-you-go, 10% down with monthly payments, 10% down with nine installments, or 12 equal installments. Availability can depend on underwriting approval and account characteristics.

What documents should I include with a submission?

Include current payroll estimates by classification, at least one year (preferably more) of prior loss runs, a summary of subcontractor usage, and proof of prior workers' compensation coverage. Clear documentation speeds underwriting decisions.

Is this program available outside Florida?

The program is offered by Normandy Harbor as admitted paper in Florida. Territory availability outside Florida is limited; confirm with underwriting before submitting out-of-state risks.

Need help placing an account? Connect with a market specialist.

U.S. States Available

  • U.S. States Available:
  • Provider Type:
    Carrier
  • Admitted:
    All Available States
  • Carriers:
  • Carrier Ratings:
    N/A
  • Commission:
    15% New 12% Renewal
  • Min Premium:
    $1,000

Browse

Request a Quote Now!

CONTACT INFORMATION

LOCATION

There are no locations attached to this storefront.
CompleteMarkets is The Insurance Industry's Professional Network
Please Register for FREE or Sign In to contact
Not an Insurance Agent? No problem, we help hundreds of people find the right agent/advisor every day!
Visit our dedicated Insurance Consumer section and we will recommend the right agent for your specific needs.
Normandy Harbor Insurance Company has other insurance programs like Artisan Contractors - Workers' Compensation Insurance.