Apartment Owners Insurance

What are apartment owners and building insurance for building owners?

As an apartment building owner, you have a responsibility to protect the buildings you own. Residents must get coverage to protect their belongings. But, the building structure and common areas are yours to protect with apartment owners' insurance.

What can apartment owners' insurance do for you?

Residents’ rental policies are limited and rarely cover the building itself. If a covered event damages your building, apartment owners' insurance can help fund the repairs. A comprehensive policy can include the following:

Building coverage: Protects the building structures, common areas, and tools/vehicles used to maintain the property.

Liability coverage: Protects you against lawsuits filed by visitors who suffer injury or property damage while in common areas. If these claims occur within a resident’s unit, it often defaults to his/her renter's insurance.

Other coverage options can help protect your property. We will help you determine which options best suit your needs.