Apartment Owners Insurance
Comprehensive coverage for your property and guests, safeguarding your investment and providing peace of mind, allowing you to focus on managing your apartments without worry.
Unmatched expertise safeguarding your property against apartment owners' unique challenges.
With decades of specialized experience protecting accounting professionals, our expert advisors bring deep understanding of financial practice risks to every client relationship. We work closely with you to develop insurance solutions that safeguard against tax preparation errors, audit exposures, and advisory risks while anticipating regulatory changes. Our commitment to ongoing support ensures your accounting practice maintains robust protection as your services and client portfolio grow.
Our licensed insurance professionals specialize in liability coverage for accounting practices, from independent bookkeepers to full-service CPA firms. Through continuous monitoring of tax regulations, accounting standards, and emerging financial risks, we stay ahead of evolving industry challenges. This proactive approach ensures your policy provides comprehensive protection against calculation errors, compliance issues, and advisory-related liability concerns
We go beyond basic coverage with tailored solutions for apartment owners. Our policies range from property damage to liability, from loss of rental income to tenant legal expenses, ensuring your rental properties are fully protected without vulnerabilities.
Hear from our customers
%20(1).png)
Have been a client for almost 7 years. Kristina catches the phone on the first ring, makes me feel like I am the most important call of her day and always goes the extra mile to meet my needs or solve my problem. She is a keeper!!! She makes TWFG Khan Insurance Services better!!!!
.png)
My Company CDS Protective Services LLC was in need of insurance and I was so frustrated that other companies had not getting back with me. I called Kristina on a late afternoon and had it all taken care of by the next morning. Kristina was knowledgeable and explained everything to me on the phone.
.png)
Our company was in need of insurance and we were frustrated through other companies not getting back with us. I called Sameer on a late afternoon and had it all taken care of by 11:00 the next morning. He was knowledgeable and explained everything on the phone.
.png)
TWFG Khan Insurance Services assisted our small family owned trucking company with commercial insurance in our first year of business. They were able to get us with the best company that would provide us a policy with the lowest rate. Not only that but their staff provides the most exceptional service, especially Chandler Bennett.
.png)
Comprehensive professional protection, tailored to your industry's unique risks and compliance needs.
• Covers structural damage from natural disasters, fire, vandalism, and accidental damages.
• Protects interior fixtures such as built-in appliances, light fixtures, and cabinets.
• Includes repairs for HVAC systems, electrical wiring, and plumbing.
• Covers landscaping restoration for damaged lawns, trees, and outdoor fixtures.
• Shields against lawsuits from tenants or visitors for bodily injuries
• Covers legal expenses and settlements in liability claims
• Includes medical payments for treating injuries on the premises
• Provides defense costs for liability disputes and related court fees
• Compensates lost rental income during repairs or uninhabitable conditions
• Covers temporary relocation costs for displaced tenants due to damages
• Includes rental value reimbursement if units become unrentable after an incident
• Pays for advertising expenses to attract new tenants after repairs
• Protects essential equipment like elevators, boilers, and HVAC systems
• Covers repairs or replacements due to mechanical breakdowns or electrical failures
• Includes spoilage coverage for food or inventory losses from outages
• Pays for service interruption expenses when equipment failures disrupt operations
On average, Apartment Owners Insurance costs around $2,500 annually; however, individual premiums vary based on several factors:
Older buildings pose higher risks, potentially increasing premiums. Modern materials and construction techniques mitigate damages from natural disasters.
Properties in areas prone to natural disasters like floods, hurricanes, or earthquakes may face elevated premiums.
Robust security systems, fire alarms, and sprinklers can lower premiums by reducing potential liabilities and losses.
Past insurance claims and overall risk level of the property influence pricing, with higher-risk properties commanding higher premiums.
Higher coverage limits and lower deductibles increase premiums, as insurers assume greater financial responsibility in the event of losses.
Frequently Asked Questions
Quick answers to questions you may have. Can’t find what you’re looking for? Contact us here.
Apartment owners insurance typically covers tenant injuries on the insured premises under the liability section. However, negligence causing injury must be proven. Regular property maintenance and documented safety protocols help prevent claims. Review policy details for injury coverage limits and deductibles. Proper risk management practices are crucial for landlords.
If a tenant accidentally starts a fire, the property damage should be covered by the landlord's apartment owners insurance policy, after the deductible. However, the tenant may be held liable for negligence through a liability claim or lawsuit. Intentional acts aren't covered. Review tenant screening and fire safety requirements.
Most apartment owners insurance covers costs for repairing or rebuilding the building after a covered incident. But coverage during renovations requires advanced notification and meeting any policy requirements. Upgrades increasing property value may require adjusting coverage limits. Carefully review renovation exclusions and paperwork to maintain full protection.
Start Your Coverage Today
Request a Free Quote
For over a decade, TWFG Khan Insurance Services has been the trusted partner for businesses across Texas and neighboring states. We specialize in complex insurance solutions for maritime, oil & gas, and construction industries where standard coverage isn't enough.
Don't let gaps in coverage put your business at risk. Our team of specialists will work with you to create a comprehensive protection plan that keeps your business secure and compliant.
Join the hundreds of businesses who trust us with their most critical insurance needs.
