Condominium Association and Apartment Insurance
Condominium Associations and Apartment owners have very special insurance coverage needs. Preferred Insurance offers flexible condominium association and apartment insurance offerings, outstanding service, and comprehensive coverage. We understand the complexities of condominium association and apartments and work with our clients and our brokers to provide innovative solutions to the most difficult problems.
Protections to consider:
- Building coverage
- Guaranteed replacement cost endorsement on Building coverage
- Loss of rental income
- Mechanical and electrical breakdown
- Backup of water and sewage
- Crime coverage
- Ordinance and law
- Property owner’s errors and omissions
- Tenant discrimination insurance
Property Management Risks
Our goal is to provide the best possible risk management products and services to the property management industry. The unique issues property owners and managers face can create significant liability issues without the proper coverage. At Preferred Insurance we work closely with you to provide the following:
- Contract review
- Claims management and analysis
- Insurance workshops for property managers
- Disaster recovery planning and assistance
- Risk Analysis
- Risk Financing
- Safety and Compliance Audits
- Written service plans and annual stewardship reviews
- Complete product line including Surety and Benefits