Apartment Building Insurance
Humberview Insurance provides apartment building insurance for landlords. Apartment building insurance is important to have to protect the physical structure from property damage but also to protect your liability as a landlord.
Control Your Risk As an Apartment Building Owner
- Up to date electrical in each unit is important as people consume more power than they use to. Having 100 AMP electrical panel with modern breakers and copper wiring in each unit is now a requirement for many our partner insurance companies.
- Hiring a competent snow removal firm that is insured to be responsible for snow removal and salting at your property to prevent slip and fall accidents.
- Being on top of repairs and maintenance before they cause bigger problems.
- Consistent checking of fire alarms, sprinklers, CO2 and other safety devices by qualified professionals.
- Hire a reputable appraisal company to go over property recommendations and accurate rebuilding cost coverage.
Resources
Why Investing in Ontario Student Rental Properties Might Be a Good Investment
Is a Student Rental Property the Right Investment for You? Whether you’re purchasing your first investment property or expanding a rental portfolio, student rentals can be a rewarding...
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What to Look for When Buying a Student Rental In Order To Keep Insurance Cost Down
Investing in a student rental property can be rewarding, but it comes with unique challenges—especially when it comes to insurance. Even experienced landlords sometimes purchase properties that are...
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More Cities Regulating Rental Housing & Student Rentals
Ontario Student Rental Housing Regulations and Insurance Guide As the rental housing market grows, many cities in Ontario are implementing stricter regulations to ensure compliance with local rental...
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Difference Between Home Insurance & Rental Property Insurance
A common misconception about home insurance is that a property is covered as long as it has insurance—even if it’s being rented out. This isn’t accurate. When securing...
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8 Steps to Investing in Student Rentals Ontario
Investing in Ontario’s student rental market can be a profitable venture, but it requires careful planning and research. Below are eight essential steps to help you make a...
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City of Hamilton Rental Property Licensing
The City of Hamilton introduced a two-year Rental Housing Licensing pilot program in August 2021, targeting Wards 1, 8, and part of Ward 14. This program requires property...
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