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Insurance for Apartment Building Owners: Protecting Your Client’s Investments With the Right Coverage

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From devastating floods to slip-and-fall lawsuits, insuring apartment buildings is no simple task. In this guide, we break down the key coverages every apartment building owner needs, highlight common claims, and show you how to offer tailored solutions that keep your clients protected in an ever-changing market.

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Restaurant Insurance in Charlotte, North Carolina: A Broker’s Guide

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Key coverages we offer include: Property insurance: Protection for buildings, equipment, and inventory against fire, theft, and natural disasters. General liability insurance: Coverage for legal claims related to customer injuries or property damage. How Much Does Restaurant Insurance Cost in Charlotte?

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Mold: Impacts on the Affordable Housing Industry

Scott Insurance

Generally, the only exception to this exclusion is if the mold results from another cause of loss (i.e., Environmental / Pollution Environmental/pollution policies are available in the market and can contemplate both the first party (property) and third party (general liability – bodily injury/property damage) mold exposure.

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Builder’s Risk Insurance in Alabama: A Broker’s Guide 

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This includes projects that involve: Betterments Renovations New Construction We also insure a variety of building types, including single-family homes , mixed-use buildings , and commercial properties. Our program also offers your clients general liability insurance, which can help cover legal costs that can occur on work sites. 

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Hotel Primary Insurance: A Check-In to Success for Insurance Brokers

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Underwriters with hospitality industry knowledge and expertise. The primary general liability (GL) coverage has a specific geographic restriction: it is not available for hotels located adjacent to the beach in Hawaii. Our underwriters will look at the security the hotel has in place. A: Yes, on a base by case basis.

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Emerging Property Insurance Trends 2024

Property Insurance Centre

” In response to rising property losses, insurance companies have adjusted their underwriting guidelines, resulting in higher premiums and limited coverage for properties located in high-risk areas. Insurers are investing in advanced technology and data analytics to improve risk assessment and underwriting processes.

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Builder’s Risk Insurance Declinations: An Interview With Susan DeCarlo

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So, for example, on a new build if they’re 30 to 60 days in, we can consider that risk. For example, on a remodeler’s project, the second floor has collapsed, or the overall integrity of the building looks compromised. Are there any emerging trends in the construction industry that are impacting builder’s risk underwriting?

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