Owning and running a building is an enormous undertaking and responsibility. Theft, disaster, lawsuits, breakage, and business interruption can be extremely disruptive to your business and can cause lost income and disruption to those who utilize your building. That’s why it’s important that your insurance company has the expertise to recommend the best coverage options for your property.
CIG provides building owners with customized insurance coverage and packages specifically tailored to fit your business needs. As the leading property and casualty insurance company serving the Western United States, CIG insures commercial property, apartments, offices, buildings or offices leased to others, HOAs, warehouses, storage facilities, distribution centers, covered parking structures, schools, and institutional buildings.
CIG Commercial BOP
CIG BOP covers:
We also offer blanket additional insured; higher limits on many items; agreed amount; business automobile, hired auto, and non-owned auto protection, and excess liability protection. A CIG Insurance Agent can discuss the options with you.
CIG is a leader in apartment insurance. We understand that protecting your multi-unit residential housing investment is different than insuring other kinds of properties. Tenants rely on you during a crisis. Your ability to quickly fix, recover, and sustain the viability of your residential property is essential.
CIG’s Business Owners Policy (BOP) for apartment buildings is designed to cover property and liability exposures that are uniquely associated with multi-unit residential buildings. We protect you from financial loss, damage, liability, and business interruption that can result from unforeseen situations including theft, disaster, lawsuit, and breakage.
Have you made any changes to your apartment building since your last insurance review? Did you add a pool or spa? More parking spaces? Perhaps you upgraded appliances? Installed carbon monoxide detectors? A new sprinkler or fire alarm system?
CIG offers up to a 24-month Period of Indemnity for Business Interruption, and our Equipment Breakdown protection covers electrical and air conditioning. For your Building Ordinance coverage, we automatically provide $100,000 per building and allow you the option to purchase coverage up to the building’s limit.
Does your current coverage take into account all risk contingencies? Call a professional CIG Insurance Agent to discuss a customized apartment building insurance plan and other cost-saving coverage options. Be sure to ask about the 5% premium reduction Renewal Credit, the Smoke-Free Building Credit, and all the credits that may apply to your BOP.
The success of your properties depends on how well you maintain and manage your leased buildings, as well as on having the right insurance coverage to minimize the impact on tenants and protect your investment from losses should the unexpected occur.
Protect your leased properties against loss, damage, liability, or business interruption with CIG, so you’re prepared when unforeseen events such as theft, fire, breakage, and lawsuits take place.
When it comes to risk, liability, and exposure, no two properties are alike. That’s why it’s best to talk with a CIG Insurance Agent who can help you create an individualized safety and security plan that provides the exact coverage you need.
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