Apartment Owners Insurance
Insurance for Apartment Owners
As an apartment building owner, does your insurance cover you from both risks of a natural disaster? See, a natural disaster can have perilous consequences for you–ruining both your property and your monthly income. You need adequate Alberta apartment owner’s insurance to ensure your financial survival.
As an apartment owner both your property and your income are at risk. Because unlike a homeowner, if disaster strikes you will not only lose the value of your property but you may also potentially lose rental income due to repairs or permanent structure damage.
You’re probably wondering how much this type of comprehensive coverage will cost? Insuring apartments or condos for rent has increased in cost over the past few years due to an increase in weather related claims and water damage claims. The regulations surrounding insurance for condo corporations and those owing condos has changed as well. Our experienced brokers can help you navigate these changes and help you pick the best coverage to protect your asset.
Calgary Apartment owner insurance makes sense for anyone who owns an apartment building because it can cover major disasters, liability from lawsuits that can come from common property claims and also it can insure that your income will continue if disaster does strike.
You’ve worked hard to build your income renter by renter, don’t let one event take it all away.
Here are two reasons to get started right now!
There’s no time like the present to make sure your income source is protected–cover your apartments from disasters, lawsuits and income loss.
A no-risk quote can give you peace of mind right away. Click the connect with us button or get a quote button to have an experienced broker get back to you so they may review your current coverage or set up a new quotation for you.