Apartment Owners Insurance

There are many ways apartment owners can be victim to financial consequences from either property or liability losses.  Whether its fire, wind, or liability associated with swimming pools and spas, playground equipment, or parking areas, your clients need solid protection and your agency needs a partner to help you get access to these products.

With our many years of experience, and number of programs we represent, Sun Coast General has insurance products that provide the apartment owner with the most comprehensive and innovative insurance solutions regardless of size or complexity.

Here are the components of the Apartment Owner's Policy:

  • Building Coverage – Covers the building and structures at the described premises including: Garages, storage buildings, swimming pools, fences, retaining walls, both completed additions and additions under construction and other appurtenant structures. Building coverage also includes, owned personal property used to maintain or service the building and premises
  • Comprehensive General Liability – To help protect the insured against legal liability caused by bodily injury, property damage, personal injury, and advertising injury to others
  • Loss of Income – Covers the actual loss of business income caused by a suspension of operations because of covered accidental direct physical loss to the insured premises, including any extra expense incurred to the extent it minimizes the loss of income
  • Equipment Breakdown – Provides coverage for damage to covered property caused by mechanical breakdown of covered equipment, artificially generated current damaging covered equipment, explosion of steam boilers or loss of steam/hot water boilers
  • Building Ordinance & Law – Covers the loss of value and increased cost due to the enforcement of municipal laws or ordinances regulating the construction or repair of damage buildings caused by an insured loss
  • Data Compromise and Identity Restoration – Coverages work together to help your business and you get back on track after a data breach occurs or if you, the business owner, becomes a victim of identity theft         

To learn more about our comprehensive protection, please contact our commercial department today.

This is only a general description of coverages and of the available types of insurance and is not a statement of contract.  Details of coverage, limits or services may not be available for all businesses, with all programs, and may vary in some states.  All coverages are subject to the terms, provisions, exclusions and conditions of the policy itself and in any endorsement.