Matching a Landlord with an Insurance Carrier

Apartment insurance can be a challenging market. The space that a landlord or property manager leases out can vary greatly from a single condo or half of a duplex to large-scale apartment complexes. The Juris Agency can place your policy with one of several insurance carriers. If you’re managing a well maintained property and have policies and procedures in place to manage your risk, then The Juris Agency would be happy to work with you.

The property must be well maintained and free of code violations. Electrical updates must include modern wiring (knob and tube or aluminum are ineligible) and should include circuit breakers with at least 100 amp service. The Juris Agency will also verify that best practices are in place which include: tenant screening (credit check, criminal background check, eviction search and/or skip search) and ensure tenant policies are on file. Any additional risks such as a pool, a trampoline, or a dog on the premises must be disclosed. The following pets are unacceptable; Akita, Chow, American Staffordshire Terrier, Pit Bull, Rottweiler, Doberman Pinscher, Wolf Hybrids, Presa Canarios, or a mix of any breed listed above. Any animal that has caused harm or has bitten is also unacceptable. Exotic pets are not permissible and include, but are not limited to: alligators, boa constrictors, venomous snakes, lions, tigers, bears (Oh my!), and wolves.

Additional documentation may also be required to issue the policy – photos, copy of the lease, current financial statements, and loss runs for the prior three (3) years.

Each has their own appetite for the types of business they seek out. Below are a brief description of each carrier.