APARTMENTS
Owning rental property poses unique challenges for the property owner. Our Businessowner policy can also provide protection if buildings are damaged and can replace rental income if the property cannot be occupied during repairs.
It can also provide financial protection and legal defense in the event someone is injured on the property.
Business Property Insurance
Helps protect the physical location the business owns or leases as well as property such as fixtures, equipment, and inventory.
General Liability Insurance
Helps protect a business from the financial costs of property damage, bodily injury, personal, and advertising injury claims made against your business.
Business Income Insurance
Helps replace lost income when the business owner is unable to conduct business due to a covered property loss like a fire.
Optional Coverages:
Apartment Coverage
Having coverages tailored to your rental apartments in important. This coverage endorsement includes special coverages such as Ordinance or Law coverage, Backup of Sewers and Drains, and Landlord Furnishings all bundled at a discounted price.
Equipment Breakdown Coverage
Your HVAC equipment is critical to providing a comfortable living environment for your tenants. It is subject to hazards such as power surges, short circuits, centrifugal force, boiler overheating or cracking, and mechanical breakdown. This coverage can protect your equipment from these hazards and get you back up and running quickly.