Comprehensive Multifamily Property Insurance for Landlords & Property Investors

Owning and managing multifamily properties, apartment complexes, or rental units comes with unique risks. Unlike standard homeowners or business insurance, apartment owners need specialized coverage to protect their property, rental income, liability exposure, and legal obligations as landlords.

At Barnard Donegan Insurance, we provide customized apartment owners insurance policies designed to mitigate financial risks, protect your investment, and ensure continuity of income—even when the unexpected happens.

What Does Apartment Owners Insurance Cover?

1. Property Insurance for Your Rental Buildings

Your apartment complex, duplex, or multifamily building is a valuable asset that needs strong protection. Our property insurance covers:

✔ Building Structure Protection – Covers physical damage to the property from fire, wind, hail, vandalism, or other covered perils.
✔ Flood & Earthquake Insurance – Optional coverage for natural disasters that standard policies may not include.
✔ Building Code & Ordinance Coverage – Ensures compliance with updated construction codes if repairs or rebuilding are required.
✔ Equipment Breakdown – Covers damage or mechanical failure of essential systems like HVAC, elevators, and boilers.
✔ Loss of Rent Protection – Reimburses lost rental income if your property is temporarily uninhabitable due to a covered loss.
✔ Vacant Property Insurance – Ensures your building remains covered during tenant transitions or renovations.

2. Landlord Liability Insurance

As an apartment owner, you face legal risks from tenants, employees, and visitors. Our landlord liability coverage helps protect you from costly claims, including:

✔ Tenant Injury Claims – Covers medical expenses and legal fees if a tenant or guest is injured on your property.
✔ Lawsuits from Property Damage – Protection against claims if your building or maintenance issues cause damage to tenant belongings.
✔ Employment Practices Liability Insurance (EPLI) – Covers harassment, discrimination, or wrongful termination lawsuits filed by employees.
✔ Third-Party Liability – Includes coverage for claims made by vendors, contractors, or visitors related to your property.
✔ Legal Defense Costs – Pays for attorneys, court fees, and settlements related to covered liability claims.

3. Rent Loss & Tenant Default Protection

Your rental income is your business’s lifeline. Protecting it is essential. Our policies provide:

✔ Rent Guarantee Insurance – Covers missed rent payments due to tenant defaults, lease breaks, or job loss.
✔ Eviction Legal Cost Coverage – Helps cover legal expenses related to evictions or tenant disputes.
✔ Tenant Relocation Assistance – Covers costs if tenants must temporarily move due to property damage.

4. Specialized Coverage for Apartment Owners & Multifamily Properties

Every rental property is different, and one-size-fits-all insurance won’t cut it. We offer specialized options, including:

✔ Workers’ Compensation Insurance – Required if you employ property managers, maintenance workers, or leasing agents.
✔ General Liability Coverage – Protects against third-party injuries and property damage claims.
✔ Cyber Liability Insurance – Essential if you store tenant data, online lease agreements, or process payments electronically.
✔ Umbrella Liability Insurance – Extends liability limits for additional protection against high-value lawsuits.

Why Choose Barnard Donegan Insurance for Apartment Owners Insurance?

✔ Tailored Policies – Coverage designed specifically for landlords, real estate investors, and property managers.
✔ Competitive Rates – We compare options to find affordable, high-value protection for your property.
✔ Expert Guidance – Our team understands the unique risks of rental properties and ensures you’re fully covered.
✔ Ongoing Support – We help manage claims, policy updates, and risk assessments as your business grows.

Get a Quote for Apartment Owners Insurance Today

Whether you own a small duplex, a large apartment complex, or multiple rental properties, having the right insurance ensures financial stability and long-term success.

Let us help you customize a policy that fits your needs and protects your investment.

Get Started Today

Managing an apartment complex or multifamily property comes with unique risks—make sure you’re fully protected with the right coverage. Our team is here to help you find a customized apartment owners insurance policy that meets your needs and safeguards your investment.