Apartment Owners Insurance

What is apartment owners and building insurance for building owners?

As an apartment building owner, you have a responsibility to protect the buildings you own. Residents must get their own coverage to protect their belongings. But, the building structure and common areas are yours to protect with apartment owners insurance.

What can apartment owners insurance do for you?

Residents’ rental policies are limited and rarely cover the building itself. If a covered event damages your building, apartment owners insurance can help fund the repairs. A comprehensive policy can include the following:

• Building coverage: Protects the building structures, common areas and tools/vehicles used to maintain the property.
  
  
• Liability coverage: Protects you against lawsuits filed by visitors who suffer injury or property damage while in common areas. If these claims occur within a resident’s unit, it often defaults to his/her renters insurance.

There are other coverage options that can help protect your property. We will help you determine which options best suit your needs.

Thank you for your interest in M & M Insurance Agency, Inc.. We work with multiple A+ rated carriers to bring you the best insurance coverage to fit your needs and budget. Please feel free to call our office at 618-542-4831 or email us any questions and an insurance agent will reply promptly.