Rasmussen Agency offers high-quality insurance options to meet and exceed your needs.
An Award Winning Agency
About Rasmussen Agency
Established in 1996, Rasmussen Agency has provided high-quality employee benefits, business and personal insurance solutions to clients in the Midwest and coastal areas.
With over two decades of experience in the insurance industry, Rasmussen Agency is your reliable source of knowledge for all things insurance. From the time you are browsing our coverage options to when you need to file a claim, we are there for you with expert advice and knowledgeable service.
We primarily specialize in business insurance and employee benefits, but we also offer personal lines as well. Our specializations include insurance for commercial properties, commercial trucking, logistics, workers’ compensation, condominiums, pollution, group health, large contractors, shopping centers, property managers, manufacturers and employee benefits packages, as well as surety, bid and contract bonds.
Hear From Our Happy Customers
At Rasmussen Agency, we exceed expectations by building a culture where we do things right. Read the amazing feedback from our customers.
”He is knowledgeable and offers insights and expertise to help us improve our benefit packages at reduced costs. The team goes above and beyond to offer exceptional customer service.Hannah SmithOffice Manager, Arbor Works
”They make the entire insurance process easy for me and I know that they are going to get my associations' the best coverage for the best price so that I can focus on running my business.Simpson YuenProperty Manager
Errors and Omissions Insurance (E&O)
Property management firms have many exposures that can lead to a lawsuit. Dealing with boards of directors, owners, residents, employees, vendors, and regulatory authorities can and often does lead to lawsuits.
Errors and omissions liability insurance protects property management firms if a client alleges that you were professionally negligent or failed to perform professional duties.
Commercial Property Insurance
Property management firms may face serious financial consequences from property loss by fire, wind or other causes.
A business owners policy (BOP) or package policy providing commercial property insurance will provide coverage for damage to a building you own, along with coverage for personal property and income lost due to a covered cause of loss.
Property management firms can be sued for injuries or property damage at their office and sometimes at the properties they manage.
General liability insurance is an absolute necessity for any property management firm. It provides coverage for legal fees and judgments when the firm is named in a covered lawsuit for bodily injury, property damage, associated medical costs, and more.
Crime and Fidelity Coverage
As a property management firm, you have access to your clients’ money. Illegal activity such as forgery or theft can occur.
Crime and fidelity coverage is designed to provide coverage for theft of not only money and personal property owned by the firm, but money that the firm has in their custody for their clients.
Cyber Liability Insurance
Property management firms have exposures including the need for protection of privacy, data and financial information for their clients. Breach of data can result in costly fees and lawsuits for the association if held liable.
Cyber liability coverage covers fees and lawsuits resulting from the breach of personal data in the event your firm is liable.
Hired and Non-Owned Auto Liability Insurance
Property managers must drive to the sites they manage regularly. Accidents can and do happen. If an employee were to get into an auto accident while working, the management firm could be named in a suit by the injured party.
If any automobiles are owned by the property management firm, a commercial auto insurance policy should be obtained. In addition, hired and non-owned auto liability should be maintained in any case to provide coverage in the event an employee gets into an accident while using their own car.