Builder’s Risk Insurance for New Apartment Construction: What You Need to Know
When insuring construction projects, Builder’s Risk Insurance plays a crucial role in protecting buildings and materials during the construction phase. But not all builder’s ri
Understanding Protective Safeguard Endorsements: Why Accuracy—and Sprinklers—Matter
When it comes to commercial property insurance, many policyholders don’t realize that the details they provide about their protective systems can significantly affect their cover
Builder’s Risk Insurance for New Apartment Construction: What You Need to Know
If you’re planning a ground-up construction project for a new apartment building, securing the right insurance coverage is essential. One of the most critical policies you’ll n
Earthquake Coverage
When it comes to protecting multi-unit properties, one area that is frequently overlooked—but potentially devastating if ignored—is earthquake coverage. Many property owners an
Loss of Income and Extra Expense
Definition: What is “Loss of Income” in Real Estate? In real estate, loss of income refers to the financial loss a property owner or entity experiences when a rental property o
Why All Apartment Tenants Must Be Required to Have Renters Insurance
As a landlord, your priority is protecting your property and minimizing risk. One of the smartest steps you can take toward that goal is to require renters insurance for every tena
Every Apartment Tenant Should Have Renters Insurance
If you’re renting an apartment, you might think your landlord’s insurance has you covered — but that’s not the case. Your landlord’s policy protects their building, not y
Commercial Umbrella
A commercial umbrella insurance policy is a type of liability coverage that provides an extra layer of protection beyond the limits of your primary insurance policies. It “kicks
Employee Dishonesty Coverage
Managing an apartment building or a condominium association involves trusting employees and contractors with access to property, finances, and sensitive information. Unfortunately,
Medical Payments
Medical Payments Coverage is a component of a Business Owner’s Policy (BOP) designed to cover small medical expenses if someone is injured on the insured property, regardless of