Apartment Building Insurance

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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

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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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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Toronto Rooming Houses New Rules

On March 31st, 2024, the City of Toronto embarked on an ambitious initiative, unveiling a comprehensive framework for what is commonly known as rooming houses, or multi-tenant houses....
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City of Toronto Approves Implementation of Vacant Home Tax

On December 16 2021, City Council approved implementation of a vacant home tax in Toronto starting in January 2022. How The City of Toronto will Define a Vacant...
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Best Places to List a Rental Property

Facebook Marketplace Facebook marketplace is a great place to get exposure for your rental property to be people are searching. Millions of people use Facebook everyday and their...
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