Business Solutions
Multifamily Property.
Investment Protection.
Apartment complexes and residential investment portfolios require specialized insurance programs. We structure comprehensive coverage for multifamily owners and real estate developers across Massachusetts.
Coverage Components
Multifamily Insurance Program
Building & Structure
Covers the physical structure of all residential buildings, including roofs, exterior walls, common area hallways, and shared mechanical systems.
General Liability
Protects property owners against claims from tenants, visitors, or third parties for bodily injury or property damage occurring on the premises.
Loss of Rents
Replaces rental income lost when units become uninhabitable due to a covered loss, protecting your investment cash flow during repairs.
Umbrella Liability
Provides excess liability protection above primary limits — essential for multifamily owners given the volume of tenant interactions.
Workers Compensation
Required coverage for maintenance staff, property managers, and other employees working at your residential complex.
Flood Insurance
Separate flood coverage for properties in FEMA-designated flood zones or areas with historical water intrusion exposure.
Risk Analysis
Key Multifamily Risk Exposures
Multifamily properties present a unique combination of property and liability exposures. Understanding these risks is essential to structuring a program that provides genuine protection — not just paper coverage.
Tenant Liability Claims
Slip and fall, habitability disputes, and negligence claims from tenants are among the most common multifamily liability exposures.
Water Intrusion
Plumbing failures, roof leaks, and HVAC condensation are leading causes of property damage in multifamily buildings.
Fire Spread
Multi-unit buildings face amplified fire risk due to shared walls, common areas, and the potential for rapid spread between units.
Vacancy Risk
Vacant units increase vandalism, theft, and undetected water damage risk. Proper coverage must address vacancy clauses.
Portfolio Programs
Own Multiple Properties?
Real estate investors with multiple properties benefit from blanket or scheduled portfolio programs that provide coverage across all locations under a single policy — simplifying administration and often reducing total premium.
- Single renewal date across all properties
- Blanket building limit flexibility
- Portfolio-level umbrella liability
- Simplified claims management
- Volume pricing advantages