Apartment Building Insurance

Would You Like Great Apartment Building Insurance At An Affordable Price?

Or Call

(888) 432-1382

Affordable Apartment Building Insurance For All Property Types

Are You Looking for Affordable Apartment Building Insurance?

We Can Help. We Offer Affordable Apartment Building Insurance Through Several Carriers

We Shop, You Save!


Request a Quote


Agent Follows Up


Quote Goes To Market


Proposal is Delivered

Or Call

(888) 432-1382

The Carriers

We Shop Your Policy With Industry Leading Carriers So That You Get The Price & Coverage Package Of Your Choice

Or Call

(888) 432-1382

We Deliver

Affordable Pricing

We are a brokerage, meaning that we shop your commercial property insurance policy with our carriers to find you the best package. If your property is in good condition, we can work with the carriers to provide additional discounts and credit.

Great Coverage

We will work with your coverage requests to tailor a custom product that suits your needs. We are here to listen and want you to feel comfortable and protected. Our aim is to help you find a balance of cost and coverage.

Quick Quoting

We will contact you after your quote request if we need any additional information. Otherwise, expect a firm quote within 2 business hours from the carrier that has the best bid on your property.

Service That Exceeds Expectations

From our first conversation on we are here for you. Once you become an apartment building insurance client of Stone Creek Insurance Agency you will have an assigned agent, account manager, and customer service representative. You will have their direct phone number as well as email. There are no call centers here, only top notch licensed professionals who strive to deliver the service that you deserve.

Apartment Building Insurance

Apartment buildings can be a great investment.  Although they require upkeep and tenant maintenance now more than ever they can provide great positive cash-flow. Some people have owned their apartments for years and understand the market, while others are new and learning the ropes.


There are many key factors that play into the overall profitability of your apartment building, however there is one major way to protect yourself. Most people see apartment building insurance in California as something that they have to carry, however there is more to it than that. Implementing the proper apartment building insurance policy can protect you and your property against damage to the property, along with liability claims.


General Liability

A standard policy coverage included in most apartment building insurance policies in California that protect against liability claims for bodily injury and property damage arising out of the premises.

Common claims made against apartment building owners are for slip & falls, burns sustained during apartment building fires, or other injuries at the premises.

Apartment buildings with swimming pools and play structures add another element of general liability exposure as accidents often happen at these locations. Basic limits are $1,000,000 per occurrence and $2,000,000 aggregate, and can be increased with excess or umbrella insurance policies upon your request.


This covers the structures as listed on the declarations of the insurance policy. The insurable value of the building is based on the cost to rebuild the structure as determined by several factors including; existing appraisals, automated rebuild cost estimator software, and client request.

The building coverage of your apartment building insurance policy will generally account for the largest portion of your premium. Certain policies include fixtures as well, which are permanently attached business property items. In regards to apartment building insurance think of items like stoves, washing machines, and dishwashers. Make sure to read your policy carefully as definitions can vary!

Building Ordinance Coverage

Is one of the most overlooked policy coverage options on apartment building insurance policies, but it is very important for you to understand and consider. Most standard insurance policies will afford coverage for the indemnification of the covered apartment building to the condition prior to the loss. What is not covered is the increased cost to remodel, repair, or rebuild due to changes in federal, state, and local building codes. Building ordinance coverage was created to fill this void in standard apartment building insurance policies.

  • Coverage A:  Coverage for loss to the undamaged portion of the building
  • Coverage B: Coverage for the cost of demolition
  • Coverage C: Coverage for the increased costs of construction

Business Income

Business Income Coverage for apartment building owners is protection against loss of profit or income as a result of a loss or damage due to a covered peril. The coverage will be for the time while the apartment building is being repaired subject to time limits or dollar expense as listed in your policy. It is important to keep accurate accounting of your expenses as well as rental receipts as this information may be requested when determining claims payments.

Available Discounts

Deductible: The deductible is the portion of the loss that you agree to retain. The higher deductible that you choose to carry on your apartment building insurance policy the larger discount you will receive. Deductibles range from $1,000 to $100,000, and sometimes higher if you own a large apartment building.  You get to choose your deductible, and your agent can help you along the way by presenting alternate options upon your request.


Sprinkler System: Wet, dry, or chemical systems all apply for sizable discounts.


Central Fire/ Alarm: Fire alarms that report to a central station or monitoring service  are eligible. A certificate of service will generally suffice for adding this coverage.


On-Site Property Manager:  Several carriers offer a discount for having a property manager that lives on-site. The most notable of these carriers is Mercury.