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What is apartment owners insurance?
As an apartment owner, you need to protect your property. You also need certain types of liability insurance
so you are protected from other risks apartment owners face today. Residents should get their own coverage
to protect their belongings and for personal liability insurance. But the building structure and common areas
are yours to protect with apartment owners insurance.
What can apartment owners insurance do for you?
If a covered peril, such as fire, lightning, wind or hail, damages your building, apartment owners insurance can help fund the repairs. A comprehensive policy can include the following:
- Building coverage: Protects the building structures and other property such as swimming pools, clubhouses, perimeter gates and fencing. This can also include coverage for your business personal property (contents) and for Business Income (Loss of Rents).
- Liability coverage: Protects you against lawsuits filed by someone who suffers bodily injury or property damage while on your property. This can also protect you against issues such as tenant discrimination and wrongful eviction.
Get started!
There are a variety of coverage options available to protect you. Call us and let's discuss your specific needs to see what's right for you !
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