Apartment House Insurance

Apartment House Insurance Program from Cochrane & Company

Cochrane & Company offers a comprehensive Apartment House Insurance program tailored for residential rental properties with five or more units. This includes apartment buildings, complexes, apartment hotels, and boarding or rooming houses. Designed for independent agents and brokers, this program helps you secure the right coverage for your clients in a specialized and competitive market. With backing from a specialty carrier rated A+ XV by A.M. Best, you can quote with confidence knowing your insureds are supported by a financially strong partner.

Ideal Accounts and Appetite

This program is ideal for habitational risks such as:

• Apartment buildings or complexes with 5+ units
• Apartment hotels and extended-stay lodging
• Boarding and rooming houses

You might have a client who owns a 20-unit apartment building in Washington or a regional property manager with multiple complexes across Idaho and Oregon—this program is built to handle those scenarios and more.

Coverage Highlights and Advantages

Our Apartment House Insurance program offers robust coverage options to protect both property and liability exposures common to multi-unit residential operations.

Coverage Features: Apartment House Insurance

• Primary General Liability limits up to $3 million occurrence/aggregate
• $5,000 Medical Payments Coverage – included
• Additional Interests – included at no charge
• Hired and Non-owned Auto coverage
• Excess or Umbrella limits available up to $25 million

Available Property Coverages:

• Building
• Business Personal Property
• Business Income
• Basic, Broad, or Special Form
• Replacement Cost or Actual Cash Value
• Inland Marine
• Equipment Breakdown
• Accounts Receivable
• Computer Equipment
• Outside Signs
• Valuable Papers

Crime: Coverage available both inside and outside the premises.

Underwriting Notes and Minimum Premiums

The program is written on a non-admitted basis, offering flexibility in underwriting and customized solutions for unique habitational risks. Carriers vary depending on risk characteristics. Minimum premiums also vary by account size and location. Submissions with complete property information and loss histories are encouraged to streamline the underwriting process.

Territories and Availability

This program is available in the following states: Alaska, California, Idaho, Montana, Nevada, New Mexico, North Dakota, Oregon, Washington, and Wyoming.

Why Work With Cochrane & Company?

As a trusted Managing General Agency with deep experience in habitational risks, Cochrane & Company provides fast, knowledgeable service and access to strong specialty markets. With underwriting expertise and tailored solutions, we help agents like you win and retain business in the apartment and multifamily property space.