Business insurance: apartment owners insurance
Apartment owners insurance in New York is essential. As the owner of an apartment building, do you know if your insurance policy covers from natural disaster? A natural disaster can result in damage to your building. It can make your property uninhabitable and that can – and will – cut into your income until repairs are completed. If there is structural damage to the property it may never be habitable again. Your financial survival under those circumstances hinges on having the right insurance in place beforehand.
If you’re worried about the cost of apartment owners insurance, you should know that the cost is surprisingly low. It makes sense for anyone who owns an apartment building to carry this coverage. An Apartment owners policy not only covers unforeseen disasters but also covers your liability should you be sued for injuries and other damages that occur on the property and it protects your livelihood should you suddenly lose rental income for any number of reasons.
You’ve worked hard to maintain a good living environment for your tenants. Don’t deprive yourself of the opportunity to continue to do so because major expenses now prohibit you from renting a unit (or an entire building). Get the coverage you need today at a price you can afford. Protect your property and your livelihood with an apartment owners policy from Colstan Insurance. Call or fill out the short form on this page and request a free, no-obligation quote.
Don’t leave yourself unprotected. When other people occupy your property, they may not take as much care as you do. The right amount of insurance will make sure you don’t leave yourself open to lawsuits or income losses due to unforeseen events.