Apartment Owners Insurance

What is apartment owners insurance?

If you own an apartment in Mammoth Lakes, Bishop or the rest of the Eastern Sierra, you have a responsibility to protect the buildings you own. Residents must get their own coverage to protect their belongings (renters insurance). But the building structure and common areas are yours to protect with apartment owners insurance.

What can apartment owners insurance do for you?

Residents’ rental policies are limited and rarely cover the building itself. If a covered event damages your building, apartment owners insurance can help fund the repairs. A comprehensive policy might include the following:

• Building coverage: Protects the building structures, common areas and tools/vehicles used to maintain the property.
  
  
• Liability coverage: Protects you against lawsuits filed by visitors who suffer injury or property damage while in common areas. If these claims occur within a resident’s unit, it often defaults to his/her renters insurance.

There are other coverage options that can help protect your Eastern Sierra property. We will help you determine which options best suit your needs.

Why choose an independent agent?

Independent insurance agents offer more insurance options with more variety in pricing for customers. Since we work with many different companies, we can usually help you fill all your insurance needs without having to use different agents. We also take the time to figure out what you need and connect you with the best insurance policy. We don't believe in a one-size-fits-all approach with insurance.