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Apartment owners don’t watch your income go up in smoke!

As a Massachusetts apartment building owner you need to be concerned with the building coverage and liability but as important is business income insurance. You’ve worked hard to build your income renter by renter, don’t let one event take it all away. See 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.

Think about this real life example of why you should have apartment owner insurance for your ap

You are sitting around watching TV on a Sunday morning when the phone rings. It is your first floor tenant. The tenant explains that the neighbors upstairs had a house party and that a few of the guest started getting rowdy and one of them fell down the stairs. They were taking by ambulance to the hospital with pretty serious injuries. Your peaceful day watching TV just turned in your worst nightmare. But then you realize you’re not covered for such an event. What now?

Well with your Apartment owner’s insurance you would be covered and best part your insurance company would fight the claim with their own lawyers. Don’t let one event like this take away your income.

You’re probably wondering how much this type of comprehensive coverage will cost? Surprisingly little. 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.

There are 6 types of coverage’s that are a must. They include:

Umbrella Insurance

General Liability Insurance

Crime Insurance

Auto Insurance

Property Insurance

Workers Compensation Insurance

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. Just fill out the form right now and we’ll get back to you with the exact coverage you need and a very affordable quote.

If you have an Apartment Building, Garden Apartments, Multiple Unit Building, Townhouses or a 1-4 Family Dwelling, James O’Connell Insurance Agency has you covered. Contact us today to find out about our competitive rates.