Do you have customers who rent corporately owned condominium apartment units? Placing real estate under a corporate name is a common arrangement to limit personal liability, but sometimes placing these risks can be complicated. They can be difficult to place as personal lines (especially if there are multiple units) and there may not be a lot of admitted placement options on the commercial side.
If you have trouble finding coverage for commercially owned condos units, we would like to help. We can place habitational condos units owned and rented under a corporate name on a commercial policy. If you have any questions or have a specific risk you would like to discuss, give is a call – 212-937-0017 or email. We can also place commercial condos rented to others. We look forward to hearing from you.
D.J. Colby Co., Inc. can help you place corporately owned condo units rented to others.