Industry Solutions > APARTMENT BUILDINGS
Apartment buildings or garden apartment complexes. Even active adult communities. No matter what
types of apartments you own, consider insuring them with GNY—one of the nation's leaders in protecting
real estate owners. Based on our extensive experience insuring this marketplace, we've customized an
array of coverages that can protect property owners from an array of potential risks.
Review the highlights of our solutions below or click here for an online needs assessment you can review with your insurance advisor.
Click any tab for highlights of our Commercial Insurance solutions:
- Package
- Auto
- Workers' Comp
- Umbrella
- Excess & Surplus
Core Property Coverages. In addition to protecting your buildings and their contents, our total insurance package provides other coverages particularly valuable to apartment building owners,
including protection against mechanical, electrical or pressure system breakdown, and improvements and betterments.
Enhanced Coverages. Our package extends protection in six areas that are critically important to real estate owners, including:
| Backup of sewer and drains |
Employee dishonesty, forgery, money and securities |
Newly acquired real and personal property |
| Debris removal |
Environmental impairment |
Ordinance or law coverage |
| Elevator collision for personal property of others |
Pollution cleanup |
|
Core Liability Coverages. This comprehensive solution can also protect you from lawsuits related
to claims that you damaged other people's property, caused medical injuries and more.
Optional Coverages. Our Employment Practices Liability option protects against financial loss for
claims related to hiring and firing practices and sexual harassment, just to name a few.
If you insure your business or property with GNY, we may also be able to complement that coverage with insurance for any vehicles your business owns or leases. Your GNY producer can tailor a commercial auto policy that addresses your specific needs for protection against medical injuries, property damage, collisions and liability resulting from auto accidents.
If you insure your business through GNY, you may also be able to secure
your workers’ compensation insurance through us. This type of insurance
can help pay for legal services related to a workers’ compensation
claim as well as the medical care and lost wages of employees who are
injured on the job or become ill because of a work-related disease. Not
only do we offer an array of attractively priced dividend plans and
other options, we also strive to limit our clients’ losses by helping
them get their injured workers back to work as soon as prudently
possible.
Given our litigious society, more and more businesses are subject to larger and larger lawsuits. Consider securing more peace of mind by adding umbrella liability coverage that extends beyond the liability protection included in your base package. Through GNY’s Brite Insurance Agency, we offer umbrella liability coverage ranging from $5-100 million for many types of business—at very competitive pricing.
For those businesses with unique risks, GNY has established a subsidiary to address their specialized needs for insurance protection. Through GNY Custom, we have the expertise and the capacity to underwrite a diverse array of property and casualty risks. Just a few of the types of businesses we serve through GNY Custom include food processors, retailers, schools and other public entities, and many different types of product manufacturers.
