Don’t Commingle Funds: A Critical Reminder for Apartment Owners and Landlords
When it comes to owning and managing rental property—whether it’s a portfolio of apartment buildings or a handful of single-family homes—your legal and financial practice
Who Should Be Listed on a Rental Insurance Policy?
Understanding Mortgagee, Loss Payee, Lender’s Loss Payable, Additional Insured, and Additional Interest for Landlords When you’re a landlord insuring a single-family rental
What Apartment Building Owners Should Know About Lloyd’s of London Insurance Policies
If you own or manage apartment buildings, chances are you’ve come across insurance policies “written through Lloyd’s of London.” Maybe your broker presented it as an option
Do Apartment Building Owners Need Workers’ Compensation Insurance? Yes—Here’s Why
Introduction If you own an apartment building, you already know that managing rental property comes with a long list of responsibilities—maintenance, repairs, tenant relations, a
Landlord Insurance and Busted Water Pipes: What You Need to Know
A burst water pipe can cause significant damage to a home, leading to costly repairs. Landlord insurance may cover some of these expenses, but coverage depends on the type of found
Most Commonly Excluded Dog Breeds and Animal Types in Apartment Building Insurance Coverage
When it comes to insuring apartment buildings, insurance companies carefully evaluate risks associated with tenants’ pets. While pets bring joy to many renters, some breeds a
When Your Single-Family Home Is Vacant: Do You Need Special Insurance Coverage?
Owning a single-family home that becomes vacant—even for a few weeks—can expose you to serious insurance risks. Whether you’re between tenants, renovating a rental, or wa
When Does Builder’s Risk Insurance End on a New Apartment Project?
Builder’s risk insurance is a vital coverage during the construction of new apartment buildings. It protects against property damage caused by fire, wind, theft, vandalism, and o
Should Condo Associations Allow Short-Term Rentals? An Insurance Perspective
Introduction With the rise of platforms like Airbnb and Vrbo, short-term rentals have become a popular income stream for condo unit owners. But should condo associations allow them
How Apartment Amenities Affect Insurance Premiums (Reduce Risk & Costs)
How Apartment Amenities Affect Insurance Premiums (And What Owners Can Do About It) Swimming pools, fitness centers, rooftop lounges, dog parks, and clubhouses help properties comp