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

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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Hamilton Approves Landlord License Pilot Project

The City of Hamilton yesterday August 10th 2021 voted in favour of a motion to implement a rental housing licensing pilot for wards 1,8 and 14. Where are...
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Six Things About Becoming a Landlord In Canada

Thinking about becoming a landlord in Canada? Consider these 6 things 1.Secure Financing Securing financing for a future rental property is important because it will give you the...
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Landlords & April 1st 2020 Rent Strike

We hope this article finds you well and that you and your family are safe in this unprecedented time. Landlord Insurance & Rental Income Landlords have called us...
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