Multifamily & Apartment Insurance
Property, general liability, loss of rents, and umbrella for apartment owners and multifamily investors.
Who Needs It
- Owners of 5+ unit buildings and garden communities
- Syndications and funds holding apartments
- Value-add investors during renovation
What It Covers
- Building at replacement cost with wind/hail structured for your market
- GL / premises liability
- Loss of rents with adequate restoration period
- Equipment breakdown
- Ordinance or law
- Crime, umbrella, and flood as needed
What It Does Not Cover
- Tenant belongings (renters insurance)
- Wear and tear, mold beyond sublimit
- Vacancy beyond the form's threshold during renovation without a vacancy permit
- Assault and battery where excluded
Texas Notes
DFW and Houston multifamily carries percentage wind/hail deductibles per building; roof-age schedules matter on older stock. Texas Property Code habitability claims drive liability.
Florida Notes
Named-storm deductibles per building, Citizens depopulation, and post-Surfside inspection rules for mid-rise; loss-of-rents periods after hurricanes routinely exceed twelve months.
Multifamily & Apartment Insurance Questions We Hear Most
Per building or per occurrence?
Most multifamily wind deductibles apply to each building separately in one storm. Ten buildings at 2% is a very different number than one deductible per event. We model it before you choose.
How much loss of rents?
Enough to cover realistic rebuild time in your market plus lease-up. Twelve months is a floor after a hurricane or major hail event.
Related Coverage Guides
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Start My Quote All coverage guides →This guide is general education from a licensed independent agency, not legal advice or a promise of coverage. Every policy is governed by its own forms, endorsements, limits, and exclusions. Ask us to review the actual form before you rely on it.