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
Hamilton Student Rentals
Are You a Future Landlord? A Guide to Investing in Student Rentals in Hamilton Are you considering investing in student rentals in Hamilton? This guide provides an overview...
Attention Landlords: Ontario Standard Lease
Since April 30, 2018, all landlords in Ontario will be required to use the new standard lease agreement developed by the Ontario government. This initiative aims to streamline...
Why Ontario Landlords Can’t Have a No Pets Clause in Ontario
As a landlord in Ontario, you may be inclined to protect your property by implementing various rules for tenants, including a “no pets” clause. However, under Ontario law,...
How to Handle Vacant Properties: Insurance Tips for Landlords and Homeowners
Vacant properties—whether it’s a rental home waiting for new tenants, your own house undergoing renovations, or an extended absence making the property unoccupied—pose unique risks. These properties are...
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...
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...