Apartments and Multi-family
Multi-family and apartment building owners and managers often face unique challenges when it comes to insuring their properties appropriately. Each building has a varying set of needs based on its size, location, population and construction. Wagley Agency Insurance Group will examine your property and help you identify your top priorities when it comes to insurance coverage
Apartment buildings require careful attention insurance merges various different types of coverage necessary to provide you and your tenants with protection against particular losses that may occur at your building.
Offices: Home to Commercial Buildings
Whether you own or manage a commercial office campus, mid-rise building or a modest home office, just one lawsuit or property mishap can potentially have a devastating financial and professional impact. Potential suits can arise from anywhere – whether from a tenant, a tenant’s employee, delivery person or cleaner.
Adequate property coverage is necessary to protect against the loss of your building, contents due to a loss from fire, theft, water damage, sewer backup, power outage, equipment breakdown, windstorm, etc.
Retail Shopping Centers
While to a shopping center owner, increased foot traffic and sales mean more revenue, it also equates to additional exposure. Malls, strip malls and shopping centers face multiple liability exposure factors from shoppers in and around the retail and parking facilities. Wagley Agency Insurance Group will analyze, identify and address every possible hazard in our recommended solutions.
Real Estate Investor Insurance
Along with real estate investments there are unique liabilities and factors to consider when insuring your property. Securing the right insurance coverage is vital to protecting that investment.
Essential basic protections, as with standard landlord insurance include personal liability and property damage, plus other considerations such as lost rent protection, and covering unexpected vacancies while major repairs are being made.
Property Manager Insurance
To protect against risks that you face while managing a commercial property. General liability covers costs of injuries and property damage. Errors & omissions, also called professional liability covers issues relating to decisions and actions you as the property manager make. Tenant discrimination covers you against claims that you acted unlawfully in deciding to whom to rent your property.
The insurance solutions and policies prepared by Wagley Agency Insurance Group, as a barrier of protection to your commercial property are comprised of the following:
- Comprehensive understanding of your real estate portfolio and protection goals
- Proactive assessments of how your real estate holdings will evolve
- Commitment to balancing cost-reduction and strategic protection
- Providing world-class consultative guidance and service
