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 pr
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 “ki
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
Equipment Breakdown Coverage
Equipment Breakdown Coverage (EBC) is a critical but often overlooked insurance protection for apartment building owners and condominium associations. While standard property insur
Flood Insurance
As an apartment building owner, protecting your property against potential disasters is a top priority. While fire, theft, and liability coverage are commonly included in standard
Sewer and Drain Backup Coverage
When you own or manage an apartment building, protecting your property with the right insurance coverage is critical. One of the most misunderstood areas of property insurance invo
Directors and Officers Coverage aka D&O
Running a condominium association comes with significant responsibilities—and potential liabilities. Board members are tasked with making decisions that affect the property, fina
Cyber Liability and Data Breach: Why Apartment Building Owners Need to Pay Attention
In today’s digitally-driven business environment, cyber liability and data breaches have become critical concerns for industries far beyond the tech world. Property owners—part