apartment condominium insurance

Building your real estate business on a strong foundation.

As more people are opting to rent, lease, or purchase an apartment or condo, it’s a good time to be a property owner or manager of apartments and condominiums in New Jersey, Pennsylvania, and Connecticut. Developers and owners have more access to lending than in recent years and new construction starts are on the rise. Whether you have a new property or one that’s been a mainstay of the community — or even if you simply head a condo association, we can help you insure your risks against property damage, liability, and other exposures.


Safeguarding your investment from the ground floor up.

Martin Insurance Group specializes in insuring apartments and condominiums, providing a portfolio of insurance products that includes:

  • General Liability: Covers broad business insurance needs, and also offers opportunities to insure against mold, lead paint, and vacancy problems under certain conditions.
  • Property Damage: Covers real property, rental income, equipment breakdown, sewer and drain backup, debris removal, valuable papers coverage, accounts receivable, and more.
  • Commerical Automobile: Covers bodily injury and property damage, personal injury/ medical, comprehensive and collision, hired/rented auto, non-owned auto, and more.
  • Umbrella & Excess Liability: Expands the capacity of your primary commercial liability policies to provide extra payments for very large losses.
  • Crime: Includes coverage for theft of money, securities, and other property by employees as well as the option to cover theft by a property manager’s employees.
  • Errors & Omissions: Covers the professional liability needs of both commercial and residential property managers. The policy can be designed to offer coverage for errors and omissions, tenant discrimination, and employment practices liability.
  • Directors & Officers: Protects directors and officers against claims of wrongdoings, such as financial mismanagement, misappropriation of funds and negligence; typically covers legal fees, settlements, and some damages.
  • Employment Practices Liability: Responds in the event of allegations of unfair treatment of employees, including issues regarding hiring, terminations, wage-and-hour disputes, sexual harassment, and racial or gender discrimination, among others. Provides coverage for defense fees and penalties.
  • Cyber Liability: Covers costs related to security breaches, copyright infringement, libel, defamation, transmission of viruses, and more.
  • Workers Compensation: Protects your firm’s assets and financially assists workers who are injured, disabled, or made ill in the course of their work duties.

Once we analyze your specific needs, we can also augment your policy with other key coverages that include but are not limited to: replacement cost, building ordinance or law, contingent liability from building laws, business interruption and maintenance fees, foundations, underground flues, pipes and drains, pollution liability, and third-party liability. Also, we’ll talk to you about the need for business flood insurance.

Master policies are available for associations and, in some cases, you can obtain a package policy that combines the basic multi-peril coverages into one policy.

Call now to speak with a representative about commercial apartment/condominium insurance. With clients including companies and organizations in Mercer, Middlesex, Monmouth, and Ocean Counties, as well as Bucks County, PA, Martin has the experience and expertise to protect you and your business. We invite you to find out more about the difference we can make in insuring what’s important to you. Please click here for a quote or give us a call at 800.353.5000.

Q. Why do I need commercial apartment/condominium insurance?

A. Without specialized business coverage such as apartment/condominium insurance, everything you put into a real estate project could easily be wiped out with one accident, lawsuit, or other unplanned hardship. Martin Insurance Group can help you assess your needs and get the right business insurance for your organization. Whether it’s as simple as a BOP (Business Owners Policy), specialized coverage like apartment/condominium insurance, or even a cyber liability policy, we can help.

Q. Why should I buy commercial apartment/condominium insurance from you?

A. Martin Insurance Group works with hundreds of New Jersey, Pennsylvania, and Connecticut businesses of all sizes, in a diverse range of industries. Chances are we have helped insure businesses similar to yours before ...READ MORE, so we know the ins and outs of your industry. What’s more, we have been selling insurance since 1983 and are a stable company you can trust.

Here are some additional reasons customers trust us for their commercial insurance needs:

We could save you money.
As an independent insurance agent, Martin isn’t tied down to one solution. We can compare policies and pricing on coverage such as general liability, workers compensation, and business umbrella insurance from a variety of providers and help you choose the one that’s right for your business’ unique needs.

We might even recommend one business insurance provider for part of your coverage and another for other coverage – whatever makes the most sense.

We stay on top of the paperwork.
With all that you have going on, it’s easy to forget to file or renew coverage. So Martin has developed quality control systems that ensure your commercial insurance records are current. We’ll even help you through the auditing process. No more scrambling to meet dates or find certificates – your Martin team will make sure you are on the ball and in compliance.

Q. I already have commercial apartment/condominium insurance. How do I know if it’s the right type or amount?

A. If you already have some form of commercial apartment/condominium insurance, but are not sure if it is the right type or amount of coverage, schedule a no-obligation review of your existing policies.

Our experienced team is generally able to identify gaps in coverage or opportunities to save money. Contact Martin today to schedule a complimentary review.





Email: info@martinins.com • Toll-Free: 800.353.5000 • Telephone: 609.356.1500
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