Real
Estate
Comprehensive programs designed
for real estate investors and managers
Real
Estate
Comprehensive programs designed
for real estate investors and managers
Customized insurance services for real estate investors and managers
Real estate investment and management presents unique challenges to achieve comprehensive insurance coverages. Beyond the properties themselves, investors must consider how to protect employees, tenants, investors and other stakeholders.
Our risk management tools will help you manage mold exposures, identify fire dangers and protect against other disasters that could cause significant damage to your property. From vacant property to attractive nuisances to HOA foreclosures, we’ll help you identify and mitigate your potential liabilities, so you can focus on managing your real estate investments instead of worrying about the threat of a potential lawsuit.
Why do Real Estate firms need insurance coverage?
Your livelihood is dependent on the survival of your business, so it is imperative that you protect it against any potential threat – big or small. For instance, a fire could destroy your business’s warehouse and the contents inside, or a burst frozen pipe could damage important documents and valuable papers. Worse, you could have trouble paying your employees during a loss because your funds are devoted to repairing damage.
If self-insuring is not an option to combat these risks of loss, it is wise to obtain Property Insurance. This coverage comes in many forms to suit your specific needs. Before purchasing coverage, take a complete inventory of all your business property to determine how much you need to insure. This important step ensures you will have adequate coverage to continue your business in the event of a covered loss.
Related Products
Without the right type of insurance, the cost of defending a lawsuit can be financially devastating for a property management company. Property managers often mistakenly believe their Commercial General Liability (CGL) policies will protect them from lawsuits stemming from a negligent act, error or omission, but a typical CGL policy only covers bodily injury, property damage, personal injury and advertising injury claims.
