While owning an apartment or commercial building  and being a landlord can be both personally and financially rewarding, building owners take on a great deal of risk. Fortunately, specialized insurance packages are there building owners and can protect from serious financial harm if something were to go wrong.

Common Risks

The priority for apartment building & commercial property owners is to protect the property itself from damage and disaster. Property insurance will vary depending on the building’s location and the type of construction, along with several other factors. However, almost all buildings face the same set of risks, including:

  • Fire, storms, and other natural disasters that can damage the property
  • Liability for tenant, employee, and visitor injuries
  • Theft and vandalism
  • Loss of rental income
  • Advertising liability
  • Libel and slander
  • Discrimination lawsuits filed by disgruntled tenants or employees
  • Allegations of fraud, misrepresentation, and other intentional acts by employees
Apartments

Commercial Earthquake

Earthquakes have caused over $58 billion in direct property losses in California since 1971.

Safeguarding your business from one of California’s most prevalent perils should be priority for any business owner. Earthquakes can be catastrophic in nature and can result in substantial property damage and financial devastation.

We can provide earthquake insurance coverage to help business owners secure the protection they need to rebuild after an earthquake occurs.

Protect your valuable assets from a devastating earthquake, coverage is available for:

  • Building
  • Business Personal Property
  • Loss of Business Income
  • Earthquake Sprinkler Leakage
  • Ordinance or Law

Commercial Flood Insurance

Does your lender require you to carry flood insurance?

FEMA & NFIP is NOT the only option. There a number of private flood insurance companies that will not significantly lower your flood insurance costs but also offer a superior coverage package. Instead of a policy that covers what your lender requires get a policy that will cover the entire building, business property and loss of rents. We are the flood insurance specialists. 

What Does Commercial Flood Insurance Cover?

Commercial Flood Insurance helps protect your business from the damage costs that come from floodwater. A commercial flood insurance policy will not only protect the location of your business but also the physical contents and assets. A commercial flood insurance policy is designed to protect your business if your floors, walls, ceilings, equipment and fixtures as well as furniture, inventory and business property sustain floodwater damage.