1. Habitational & Multi-Family Property (Apartments, Duplexes & Rentals)
Covers physical damage to your rental dwellings, duplexes, triplexes, and multi-unit apartment buildings from fire, wind, hail, vandalism, and burst pipes. We write both individual location policies and master portfolio schedules with agreed or extended replacement cost.
Real-world example: If a kitchen fire in one unit of your eight-plex spreads to the roof and damages three neighboring units, Habitational Property pays to rebuild the structure to current code.
2. Commercial Lessor's Risk Only (LRO — Retail, Office & Industrial)
Designed for building owners who lease commercial space to retail, office, medical, or warehouse/industrial tenants. LRO covers the building shell, landlord-owned mechanical systems, and premises liability for common areas, parking lots, and sidewalks.
Real-world example: If a visitor slips on an icy walkway in the common parking lot of your strip center and sues the building LLC alongside the tenant, Lessor's Risk liability defends your ownership entity.
3. Loss of Rents / Rental Value (Business Income for Landlords)
When a covered fire, pipe burst, or windstorm makes your units untenantable during reconstruction, your mortgage payments and property taxes keep coming. Loss of Rents replaces the gross rental income you lose for up to 12 or 24 months while the building is restored.
Real-world example: If a winter pipe freeze floods four apartment units and displaces tenants for five months, Loss of Rents reimburses your lost monthly rent checks until the units are ready for move-in.
4. Ordinance or Law Coverage (Building Code Upgrades — Parts A, B & C)
Standard property policies pay to put back the building you had — not the extra cost of new city electrical, seismic, ADA, or fire-sprinkler codes triggered during a major repair. Ordinance or Law covers Demolition of undamaged portions (Part B) and Increased Cost of Construction (Part C) to meet current building codes.
Real-world example: If an older commercial building suffers a 55% fire loss and the city requires a full fire-sprinkler and electrical upgrade before issuing a rebuild permit, Ordinance or Law pays for the mandatory code upgrades.
5. Builders Risk, Vacant Building & Value-Add Renovation
Acquiring a distressed property, holding a building vacant between commercial tenants, or gut-remodeling units voids standard landlord coverage if left unreported. We place dedicated Renovation Builders Risk and Vacant Property policies that bridge the gap until full occupancy.
Real-world example: When you purchase a four-plex for a 90-day gut renovation before leasing, Renovation Builders Risk protects the structure and staged materials while contractors are on site.
6. Commercial Umbrella & Master Portfolio Schedules
Real estate investors often hold properties in multiple LLCs or across multiple locations. We coordinate underlying premises liability with $1M to $10M+ Commercial Umbrella limits and structure consolidated master schedules so every location aligns on a single program.
Real-world example: If a severe balcony or stairway injury results in a claim exceeding your $1M primary landlord liability limit, your Commercial Umbrella provides an extra $5M layer of protection across your scheduled LLCs.
