Ideal Accounts and Appetite
- Apartment buildings and complexes with up to 1,000 units and multiple locations
- Student housing and subsidized housing placements
- Properties with amenities such as pools, playgrounds, and recreational areas
- Accounts requiring Assault & Battery coverage
- Locations needing Hired & Non-Owned Auto Liability
- Older or historic buildings that still meet underwriting standards
Ineligible Risks
- Adult foster care or assisted living facilities
- Properties with armed security personnel
- Buildings with less than 75% annual occupancy
- Pools equipped with diving boards
Coverage Highlights and Advantages
- Access to A-rated surplus lines carriers
- Highly competitive pricing and terms
- Quick quote turnaround when ACORD and supplemental apps are completed
- Special form and replacement cost coverage available
- Monoline coverage options available for flexibility
- Excess limits offered for larger or more complex risks
Underwriting Notes and Minimum Premiums
Minimum premiums start at $500 for General Liability and $1,250 for Package policies. Risks must meet basic eligibility criteria, including occupancy thresholds and acceptable property conditions. Older buildings can be considered with proper maintenance and updates.
Territories and Availability
This program is available on a non-admitted basis across a wide footprint, including AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, and WY.
Why Work With Brown & Riding
Brown & Riding is a nationally recognized wholesale brokerage known for its deep expertise in niche property and casualty placements. Their Apartment Building Insurance program stands out for its broad eligibility, flexible coverage options, and fast, reliable service. Whether you're placing a student housing complex near a university or a subsidized housing facility with multiple locations, Brown & Riding can help you secure the right solution with confidence.
Frequently Asked Questions
What types of accounts are a good fit for this program?
Ideal accounts include multi-location apartment complexes, student housing, subsidized housing, and properties with amenities like pools or playgrounds.
Are older apartment buildings eligible for coverage?
Yes, older properties are eligible as long as they meet underwriting standards and are properly maintained.
Is monoline coverage available?
Yes, monoline options are available, providing flexibility for agents who need to write either property or liability on a standalone basis.
What is the turnaround time for quotes?
Quotes can be turned around quickly when both ACORD and supplemental applications are fully completed and submitted.
Can I place risks in all states?
The program is available in most states on a non-admitted basis, including over 45 states and Washington, D.C.
Need help placing an account? Connect with a market specialist.