Download Apartment and Condominium Complex Insurance Fact Sheet
Apartment and Condominium Complex Insurance
Apartment and Condominium Complex insurance is designed specifically for properties larger than a 4-plex. Discounts are available for condominium complexes and 55+ facilities.
Applicable Extensions
Every Red River Mutual commercial package includes an additional bundle of more than 50 extensions
that provide over $1,000,000 in extra coverage to meet your unique business needs.
Below are some of the key extensions we’ve added to our business policies:
- 3D Crime Coverage
- Employee Dishonesty
- Loss Inside the Premises
- Loss Outside the Premises
- Money Orders and Counterfeit Paper Currency
- Depositors Forgery
- Computer Theft and Funds Transfer
- Accounts Receivable
- Blanket Bylaws
- Building Damage by Theft
- Conviction Reward
- Coverage for Roadways, Walkways, And Parking Lot Paved Surfaces, or Other Exterior Paved Surfaces
- Debris Removal
- Disappearing Deductible for Fire Losses
- Extra Expense
- Fire Department Expenses
- Fire Suppression System Recharge
- ‘Green’ Environment Extension
- Growing Plants Trees Shrubs or Flowers in the Open
- Inflation Protection
- Master Key / Lock Repair or Replacement
- Mortgage Rate Guarantee
- Newly Acquired Locations
- Newly Acquired Property
- Off-Premises Utilities Interruption
- Personal Property of Officers, Employees, Volunteers & Visitors
- Professional Fees
- Property in Transit
- Removal of Windstorm Debris
- ‘Safety Net’ Clause
- Same Site Rebuilding Clause
- Deleted Sign Coverage
- Tool Floater with 5yr Replacement Cost
- Valuable Papers