SFAA Upgrades and Value
A question we often hear at Commercial Coverage Insurance Agency: “We recently made some substantial upgrades to our units after some long-term tenants moved out. Do we need to tell our insurance provider about these upgrades? Is it likely to affect our premiums?” Upgrades to an apartment building come in many forms. Regular maintenance on […]
Am I Paying Too Much for My Apartment Insurance?
The cost of apartment insurance varies greatly in today’s marketplace. This is largely due to the fact that the inherent risk for property owners varies locally, regionally and nationally. So, the quality, scope and breadth of coverage is equally as diverse. The risk our San Francisco property owners face today such as wrongful eviction, earthquakes, […]
Be careful with your Blanket Limit Property Policy
Using a blanket limit policy on a real estate portfolio is ideal and has been readily available up until recently. In today’s hard market, a true blanket policy is difficult to place or even keep at renewal. Below are some of the changes we are seeing in today’s market, oftentimes without the insured or even […]
