Protect your apartment building with the right building insurance in Astoria, New York.
When you own an apartment building, there’s a lot to worry about. You’re running a business. From collecting rent to ensuring that there hasn’t been any property damage, owning an apartment complex is a lot of work. Ensure you’re protected with the right building insurance in Astoria. Check out these types of insurance that can help you minimize any issues the affect your apartment building.
Property
Disasters happen. Whether it’s vandalism or a natural disaster, the damage is expensive to repair. Business property insurance for your building is a must. It helps to protect the structure of the building as well as any office equipment and records and lost income from any of the damage.
Liability
Business liability is important. A slip in the lobby or a bite from a tenant’s dog could put you at risk for liability suits. Ensure that your apartment building is protected from these types of lawsuits with business liability coverage.
Ordinance
New laws are passed all the time. As building codes change, so do your legal responsibilities to maintain them. Such repairs and upgrades are expensive. In the event that a disaster destroys your apartment building, ensure that you’re able to make the necessary repairs. Your building ordinance coverage can offset costs associated with bringing your building up to code.
Crime
Protect your building from crime by investing in business crime insurance. With so many tenants, employees, and unknowns, it can be difficult to manage damages. In the event of a robbery or vandalism, your crime insurance can help protect you from the cost.
Keep your apartment buildings and any other types of commercial property safe with the right types of building insurance in Astoria. Contact the professionals at 01 Insurance to find the best personal and commercial insurance in New York.