Blog · Coverage Explained
Coverage Explained
Apartment building insurance guides in coverage explained, written and reviewed by Nate Jones, CPCU.
- Coverage Explained
Is flood insurance required for an apartment building?
Flood is excluded from the property policy. Whether it is required depends on your lender and FEMA flood zone, not the policy. How to tell if you need it.
- Coverage Explained
Replacement cost vs. actual cash value for apartment buildings
Replacement cost rebuilds without depreciation; actual cash value subtracts it. How the two bases differ for apartment buildings and which one applies.
- Coverage Explained
What a named-storm deductible means for Florida apartment owners
How a Florida named-storm deductible works: why it is a percentage of insured value not a flat amount, when it triggers, and how it relates to flood.
- Coverage Explained
What tenant discrimination insurance actually covers
Tenant-discrimination insurance funds defense and damages for fair-housing allegations a general liability policy excludes. What is and is not covered.
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