Here at Atlas General Insurance Services, we understand the unique insurance needs of apartment and condominium associations. Our Habitational Insurance Program is designed to help agents and brokers place business for clients operating residential habitational properties across the West Coast.
This program is built to provide flexible and competitive coverage options for habitational risks in California, Arizona, Nevada, and New Mexico. Whether your client manages a multi-building apartment complex or a mid-rise condominium association, Atlas has a solution tailored to meet their needs.
Ideal Accounts and Appetite
Our program is a strong fit for:
- Apartment complexes and multi-family residential buildings
- Condominium associations
- Risks with up to 50% mercantile exposure
- Buildings with four or more habitational units
We prefer accounts with a clean 5-year loss history, though we will consider a minimum of 3 years or a combination of loss data and Certificate of Experience (COE) documentation. Properties with up-to-date systems and strong occupancy rates (minimum 85%) are ideal.
Coverage Highlights and Advantages
Our Habitational Program offers flexible packaging and monoline options:
- Commercial Package: Property, General Liability, Crime, and Hired/Non-Owned Auto
- Monoline Options: General Liability or Property only
Coverage Limits:
- Property: Up to $25,000,000 per location
- General Liability: $1,000,000 per occurrence / $2,000,000 aggregate
- Crime: Up to $100,000
Program Features:
- No age restrictions on buildings
- Enhanced commercial property coverage
- No broker or inspection fees
- Included endorsements at no additional charge
- Options for Apartment Owners, Mortgagee, Loss Payee, and CP1410 endorsements
Underwriting Notes and Minimum Premiums
This is a non-admitted program written through A.M. Best “A” rated carriers. The minimum premium for both package and monoline policies is $5,000.
Eligibility and Required Updates:
- Roof updates required for buildings over 20 years old
- Electrical systems must have circuit breakers and copper wiring
- Rewiring required for buildings constructed before 1950
- Plumbing updates required for buildings constructed before 1950
- Protection classes 1–5 accepted; classes 6 and 7 require carrier referral
- Buildings over 25 stories require referral
- No flood or earthquake coverage offered
Territories and Availability
This program is available to agents and brokers with clients located in:
- California (CA)
- Arizona (AZ)
- New Mexico (NM)
- Nevada (NV)
Why Work With Atlas General Insurance Services?
As a trusted general agency with deep experience in commercial habitational risks, Atlas General Insurance Services provides streamlined access to competitive non-admitted markets. Our underwriting team understands the complexities of habitational exposures and is committed to helping you craft thorough, tailored solutions for your clients.
Whether you’re working with a long-standing apartment owner or a newly formed condo association, we’re ready to support you with fast, responsive service and a comprehensive product offering. To learn more or submit a risk, contact us today or visit our Habitational Insurance storefront.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for apartment complexes and condominium associations with at least four habitational units and limited commercial (mercantile) exposure.
Is there a minimum premium requirement?
Yes, the minimum premium for both package and monoline policies is $5,000.
Are older buildings eligible for coverage?
Yes, there are no age restrictions, but older buildings must meet update requirements for roofing, electrical, and plumbing systems based on construction year.
What territories is the program available in?
The program is available in California, Arizona, New Mexico, and Nevada.
Does the program offer flood or earthquake coverage?
No, flood and earthquake coverage are not available under this program.
Need help placing an account? Connect with a market specialist.