Comprehensive Habitational Insurance Solutions from Continental Risk / Continental Marine Insurance Services
Continental Risk / Continental Marine Insurance Services offers a robust Habitational Insurance program designed for agents and brokers looking to place coverage for residential property risks. This program specializes in providing tailored insurance solutions for apartment complexes, condominiums, and townhome communities across a wide range of states.
Ideal Accounts and Target Classes
This program is ideal for insureds that own or manage multi-unit residential properties, including:
- Apartment buildings (market rate or affordable housing)
- Condominium associations
- Townhome communities
- Mixed-use buildings with residential components
Whether your client is a seasoned real estate investor or a property management company overseeing multiple complexes, this program can accommodate a variety of risk profiles.
Coverage Highlights and Available Limits
The Habitational Insurance program includes a broad range of essential coverages to address the diverse exposures of residential property owners:
- General Liability – $1M per occurrence / $2M aggregate
- Property Coverage – Up to $5M Total Insured Value (TIV) per location
Additional coverages available under this program include:
- Hired & Non-Owned Auto liability
- Employee Benefits liability
- Equipment Breakdown
This comprehensive approach helps your clients manage the financial impact of property damage, liability claims, and operational disruptions.
Underwriting Approach and Minimum Premiums
Continental Risk / Continental Marine works with a range of markets, including admitted and non-admitted carriers, allowing for flexibility in underwriting. The minimum premium varies depending on location, coverage limits, and risk characteristics. The underwriting team evaluates each submission individually to deliver competitive terms and appropriate coverage structures.
Submissions with strong maintenance records, updated building systems, and favorable loss histories are preferred. Risks with prior losses or older construction may still be considered depending on the details.
Territorial Reach
This Habitational Insurance program is available in most U.S. states, including but not limited to California, Texas, Florida, New York, Illinois, and Georgia. The full list of eligible states includes all 50 states plus Washington, D.C., making it a strong nationwide solution for agents with diverse regional books of business.
Why Work With Continental Risk / Continental Marine Insurance Services?
As a wholesale broker, Continental Risk / Continental Marine brings decades of experience in placing habitational risks. They understand the nuances of residential property exposures and maintain strong relationships with multiple carriers to offer competitive and flexible options. Agents benefit from responsive service, underwriting expertise, and access to markets that may not be available through standard channels.
For example, if you have a client managing a 60-unit apartment complex in a coastal region with older construction, or a condo association seeking broader liability protection, this program can help you find a suitable solution backed by experienced underwriters.
To learn more about how this program can support your habitational accounts, please contact the team at Continental Risk / Continental Marine Insurance Services.