Insurance Designed Exclusively for Multi-Family Properties
Key Coverage Benefits
Property
Guaranteed Replacement Cost
Property limits up to $250,000,000
Building Ordinance or Law Coverage – $300,000 included (higher limits available)
Sewer Backup at Guaranteed Replacement Cost
Earthquake Sprinkler Leakage (EQSL)
Split deductible and per unit deductible options available
Bare walls, original specs, and all-in coverages available
Earthquake coverage available in some states
General Liability
Comprehensive General Liability (various limits available)
Medical payments coverage for unit owners injured in common areas
Extended definition of bodily injury
Board members and officers included as insureds
Hired & Non-Owned Auto
Garage and Parking Liability coverage
Crime & Fidelity
Employee Dishonesty
Forgery or Alteration
Computer and Funds Transfer Fraud
Eligible Classes:
Residential Condominium Associations, Mixed Commercial/Residential, Mixed Residential Condominiums with single family homes, and Phasing Associations
Available States:
AZ, CA, ID, IL, MI, NV, OH, OR, UT, WA, WI
