Focus on the things that matter.
We'll handle the risk.
Philadelphia Insurance Companies
Apartment

Philadelphia Insurance Companies offers a comprehensive property and liability policy that addresses the unqiue coverage requirements of Apartments.

Benefits of the Program

  • Special causes of loss on building, contents, loss of income and extra expense
  • Back Up of Sewers and Drains included as a cause of loss
  • Building Ordinance coverages included

Supplemental Applications

Documents Required for Proposal: Underwriting Criteria

  • Completed and signed Philadelphia Insurance Companies Residential Application
  • Color Photograph(s) of representative buildings and auxiliary buildings
  • Currently valued company loss runs for this policy period plus three year's prior
  • Current + 3 years presently valued company loss runs for accounts that generate up to $100,000 in premium. Current + 4 years presently valued company loss runs for accounts that generate over $100,000 in premium.
  • Plot Plan
  • Latest Budget or Financial Statement


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10 Reasons Why
 
  1. A+ “Superior” rating by A.M. Best Company
  2. Loss Control services available to assist with minimizing the potential for future losses
  3. Claims department experienced in handling Apartment related claims
  4. Interest Free Installments are available
  5. GL and Umbrella with the same carrier
  6. Liability for common areas including swimming pools, tennis courts, lakes and playgrounds
  7. Property Manager covered as an additional Insured
  8. Capacity for Large Property Values
  9. DIC Coverage available where needed
  10. Garage Liability and Garage Keepers legal liability available

 

Apartments Associations 10 Reasons Why

Have you thought about

Non-Profit & Social Services

This is an insurance product uniquely designed to fulfill a wide range of special insurance needs for the Non-Profit Sector as defined under IRS code 501 (C) 3. More

Loss Control

Keep costs down by choosing industry specific Safety Programs. We'll show you how to implement Client Training Services and Risk Management Reporting that get results. More

Click to see our 10 Reasons Why