A Holistic Approach To Risk Management
Just like you, our goal is to prevent issues before they become problems. We do this by listening, observing and interacting with property owners and managers, as well as developers. We also analyze your current operations and past claims in order to uncover correctable trends. It all adds up to a comprehensive plan designed to help our clients prevent or reduce risk that may result in a claim or lawsuit.
We work to create customized risk management plans with Retailers, Real Estate Owners and Managers, Developers, Manufacturers, Construction and Wholesalers and Distributors.
Resources
Tenant Property Protection Plan
Add an Extra Layer of Protection
The Tenant Property Protection Plan is an inland marine policy where the owner/manager is issued the master policy with 100% coverage for occupied and unoccupied units. The owner/manager becomes the first named insured and now can offer protection to all its residents providing a low cost more comprehensive coverage plan for both parties, creating a win-win.
Owner Benefits
Coverage that mitigates the owner/manager’s risk on claims that fall under the deductible of their master policy.
- An efficient transaction structure where benefits for a covered loss are paid directly to the apartment resident and/or owner/property manager.
- Cost of policy coverage is passed to the tenant with a lease addendum creating a potential revenue source.
- Insures that property owner is a named insured under the tenant liability policy.
- Real time tracking component is offered with this product.
- Great for student housing and communities with associated short term leases.
- Potential underwriting profit via Captive Endorsement and exclusion added as needed.
- Tailor-made policy with add on options
- Ability to offer tenants separate property and limited liability coverage.
Tenant Benefits
• No hassle sign up
• Personal property coverage
• Expedited pay out of claims
• Bolt on policy – use with other policies
• Small deductible
• Separate limits of property/liability coverage
Specialized Coverages for Your Operations
Multi-Family Industry Experts
INSURICA’s Multi-Family Housing Experts can help your business stay strong by avoiding risk before it becomes liability. Our dedicated team brings years of practical experience and cost-saving insight to nearly every area of the housing industry.
Robert McKnight
Client Executive
480.881.6236
Robert.McKnight@INSURICA.com
Scott Newell
Risk Consultant
713.419.6772
Scott.Newell@INSURICA.comFind Out More About Our Services and Capabilities
We are here to answer any questions you may have and look forward to hearing from you.
Latest News
Today’s insurance programs must take into account the unique challenges faced by each client. In addition to a strong coverage program, some businesses may need advanced services. INSURICA has the additional Client Services required by complex business operations.
Commercial General Liability Insurance
Running a business comes with significant risk. Everyday interactions, such as serving customers, visiting clients or running marketing campaigns, can expose businesses to potential liability. A customer could slip on a wet floor, a contractor could accidentally damage a client’s property, or a marketing campaign could unintentionally harm the reputation of a competitor. Just one single liability incident can trigger an expensive lawsuit and have far-reaching consequences. Beyond potential settlement costs, legal defense costs—even if claims are found to be baseless—can quickly escalate into tens or hundreds of thousands of dollars. Furthermore, litigation can disrupt operations and undermine customer and stakeholder trust.
Mounting and Dismounting Forklifts
Forklifts play an important role in moving materials safely and efficiently in many workplaces. However, even a simple task like getting on or off a forklift can lead to serious injuries if not done correctly.
Supporting Employee Mental Health During Challenging or Traumatic Times
During challenging times or traumatic events, organizations can do a lot to support employees. NAMI encourages people to bring their whole selves to work, which includes their mental health. As employers, it’s important to acknowledge what’s happening outside of the workplace, its potential impact on employee wellness, and support employees so that they can continue to do their best work.



