Apartment & Condo Building Insurance

Core coverages

• Building property (lessors risk) — the structure at proper replacement cost
• General liability — tenant and visitor injuries, common areas, parking
• Loss of rents — rental income while units are uninhabitable after a covered loss
• Ordinance or law — the cost of bringing an older building up to current code after a loss
• Umbrella — extra liability limits over the whole operation

What drives your rate

Building age and system updates (roof, electrical, plumbing, heating), number of units, tenant mix, and claims history. Replacement-cost accuracy matters more than anything — underinsured buildings are where landlords get hurt at claim time.

Why agents pass — and we don't

Older buildings get non-renewed constantly right now. We remarket them with carriers still writing aged housing stock — and we'll tell you honestly which updates (usually the roof) would unlock better pricing at next renewal.