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Apartment Insurance

Suburban General Insurance Agency currently has a contract in force with an AM Best “A” rated insurance carrier providing comprehensive coverage at an affordable price for small to mid-size apartment buildings.  The program is available in both New Jersey and New York.

 Program Highlights

  • Waiver of Co-Insurance
  • $5,000 Back-Up of Sewers & Drains Included
  • $5,000 Property Off Premise Included
  • Business Income – Actual Loss Sustained
  • Apartment Building Extension
    • $25,000 Pollutant Clean Up & Removal
    • Reward Payment – Up to $5,000
    • Lock Replacement - $5,000 Per Occurrence
    • Tenant Move Back Expenses - $15,000 Per Occurrence
    • Tenants’ Property Legal Liability Coverage - $10,000 Per Occurrence
    • Lock-Out Removal & Disposal Liability Coverage - $5,000 Per Occurrence
    • Heating or Air Conditioning Loss Reimbursement Coverage - $5,000 Per Occurrence/$10,000 Aggregate
  • Same Day Quotes

Target Apartments

  • Total Insured Value of $8,000,000 or Less
  • Apartments 40,000 Square Feet or Less
  • Apartments Less Than Four Stories
  • Apartments 50 Units or Less

 

 

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