Apartment Complex Insurance

Houston Apartment Complex Insurance, Texas Apartment Building Insurance, Insurance for San Antonio Apartment ComplexesApartment complexes tend to see a regular amount of tenant turnover. Renting living space can leave you susceptible to liability claims as well as property damage due to weather, crime or other factors. The commercial property insurance experts at Mobile Insurance will recommend apartment complex insurance coverage that will stand up to the risks of owning and managing a Texas apartment complex. Learn More about our Apartment Complex Insurance.

When in the business of providing a dwelling to members of the general public, there are considerations that need to be made to protect your business.
By nature, apartment complexes tend to see a regular amount of tenant turnover. Renting living space can leave you susceptible to liability claims as well as property damage due to weather, crime or other factors. The Texas commercial property insurance experts at Mobile Insurance will recommend Texas apartment complex insurance coverage that will stand up to the risks of owning and managing a Texas apartment complex.

Property damage is not your only concern when insuring a commercial property like an apartment complex. Damages an individual unit may incur could result in less revenue potential to be generated while the unit is out of commission. You may also incur a loss for tenants that have no place to go while the unit is being repaired. Moving them to another unit, even temporarily will cost you rental revenue. Allow the proper Texas insurance coverage to take care of you while you are tending to your property and your tenants with the help of Mobile Insurance.

The potential for financial risk is great when operating a Texas apartment complex. You are not only responsible for the safety of your residents, you could be liable if a worker or visitor is hurt on your property as well. Mobile Insurance will recommend the appropriate coverage for your property, so the financial health of your business will not be at risk.

In order to attract quality renters, your property may have many conveniences and amenities that make living on your property more enjoyable. When you offer these features such as a club house, swimming pool or tennis court to your tenants, it is not uncommon for these amenities to incur damage during use or result in bodily injury to those that use the property. The appropriate Texas apartment complex insurance can even cover damages inflicted on your property's landscaping.

Mobile Insurance only works with the most reputable and fair Texas insurance companies willing to offer the most complete coverage at a good value to our clients, including:

  • Hanover Insurance Company
  • Occidental Insurance Company
  • And many others

Rental Homes and Investment Properties

As our national confidence in many other investment types over the years has dwindled, the security and consistent returns offered by investing in rental homes has increased.  They are not complicated to manage and their value increases along with inflation.  In addition, bankers and lenders understand them and know how to valuate them.  As a result, they are relatively easy to finance / leverage when compared to other investment types.  

One of the key management issues associated with rental home investments/ownership is loss control.  First, seek to operate your rental homes safely.  The “Forms” and “Loss Control” pages of our website offer cost effective ideas on how to operate, as well as operating forms that will protect you when problems arise.  Issues such as smoke detector requirements, tenant owned service animals, and security are specifically addressed.  Our agents will discuss these loss control issues with you at your leisure.

Second, when you own income producing property, it’s critical that you are properly protected from losses of your property and income, as well as from lawsuits and claims by others.  As such, you need the right insurance coverages.  Property, liability, fidelity, employee, subcontracgtor, and cyber coverages are all things you may need.  Call us and we’ll find out what you are doing, and how you are doing it so we can help you assess your needs.  A typical home owners insurance agent is a fine choice to insure your home.  However, when you have investment properties with larger risks, you need the advice of an agent that works with these types of properties everyday.

Call and find out why so many investors and business owners love working with Mobile Insurance.  We’ll get you protected and minimize your insurance costs.

Dog Bite Liability Solution for Your Community Owners

A New Breed of Insurance:

Coverage for Medical Expenses and Legal Defense if FIDO Causes An Injury.

"Every year in the United States more than 4.7 million people are bitten by dogs."

- Center for Disease Control and Prevention

Do you have a good tenant with a dog that doesn't fit your community guidelines?
Mobile Insurance has partnered with an insurance provider to offer a possible solution!

Direct your tenant to www.dogbitequote.com. Advise them your minimum is $300,000 of liability insurance and they must add you as an "Additional lnsured" on their policy. Once their policy is issued let them know you will need a copy of it.

Premiums start about $300 per year.