Marketing and Social Media Library

Let Millers Mutual do more for your agency. Our free marketing materials and social posts are at your disposal.

Marketing and Social Media Library

Let Millers Mutual do more for your agency. Our free marketing materials and social posts are at your disposal.

Marketing and Social Media Library

Let Millers Mutual do more for your agency. Our free marketing materials and social posts are at your disposal.

Broaden Your Knowledge

We’re proud to support partner agents with educational and marketing materials that cover essential topics, from recruiting agents to understanding client risks.

Broaden Your Knowledge

We’re proud to support partner agents with educational and marketing materials that cover essential topics, from recruiting agents to understanding client risks.

Could Your Commercial Client Survive a Lawsuit?

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Insurance: An Industry With Endless Opportunities

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Millennial Mindset: How to Attract Millennials to an Aging Industry

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The 411 on Flood Insurance

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5 Strategies for Agents to Overcome Challenges of the Hard Insurance Market

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Landlord Risks

The rental property business is full of risk: anticipated risks like big weather events, accidental damage, and water leaks, as well as hard-to-anticipate risks like discrimination, cybersecurity threats, and personal injury. Let us help you identify emerging risks for your rental property and protect you against financial loss. At , we partner with Millers Mutual, a carrier dedicated to understanding the intricacies of landlord insurance and providing the comprehensive, stable coverage landlords deserve.
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Cybersecurity Risks for Landlords

As a landlord, you collect sensitive information from tenants: Social Security numbers, email addresses, phone numbers, birthdates, address histories, employment histories, income figures, and account numbers. This information would be a gold mine for identity thieves and hackers. Protect your rental property business by adding Data Response and Cyber Liability Insurance to your businessowners policy today. We’d be happy to assist you with just that.
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Student Housing Leases

Renting to college students can be a challenge for several reasons, but that doesn’t mean it can’t also be rewarding. By designing your student housing leases with best practices in mind, you can reduce the risk associated with renting to this population. At <your agency name here>, we partner with Millers Mutual, a carrier dedicated to understanding the intricacies of landlord insurance, providing comprehensive, stable coverage that landlords deserve, especially when it comes to student housing.
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Insurance, Inflation & You

Property values are rising with inflation. If your policy limits aren’t, your coverage may be insufficient. Insuring to value protects your rental property business. At <your agency name here>, we’ve partnered with Millers Mutual to offer rental dwelling business coverage that keeps up.
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Social Posts That Pack a Punch

Say goodbye to hours of crafting social posts and say hello to letting Millers do the work for you – for free. Share social media posts from our vast library to boost your engagement and brand awareness. Just save the image and text for a post you like, or mix things up by pairing our images with text of your own.

Social media posts are divided by category. Just click on an area of interest to get started.

Don’t spend your hard-earned money on costly repairs. Doing preventive maintenance on your property can prevent more expensive fixes down the line.

Read the blog post “8 Solid Ways to Maximize Your Rental Income” to learn more ways to get the most out of your rental property.

Your tenants don’t want to write you a check every month. Make it easy for them to pay rent on time through the use of online services or consumer apps.

For more suggestions like this, read the blog post “8 Solid Ways to Maximize Your Rental Income.”

A simple way to maximize your rental income is to stop paying for your tenants’ utilities. There was a time when including utilities was common, but that is no longer the case. Make tenants responsible for their own gas, water, electricity, sewage, and other utility bills.

Want to make the most out of your rental property? Read the blog post “8 Solid Ways to Maximize Your Rental Income” for more tips.

Did you know there are many tax breaks you may be eligible for as the owner of a rental property? Taking advantage of deductions is one way rental property owners can boost their rental income.

Get more tips like this in our blog post, “8 Solid Ways to Maximize Your Rental Income.”

Murphy’s Law tells us that anything that can go wrong, will go wrong. It’s no different when you’re renting out your property. A home warranty for landlords covers home systems and appliances when they eventually break down, giving you and your tenants peace of mind, and removing headaches associated with having to take care of things yourself.

For more helpful suggestions like this, read the blog post “8 Solid Ways to Maximize Your Rental Income.”

When disaster strikes, the last thing on your mind might be filing a claim with your insurance company. However, moving that to the top of your to-do list can be very beneficial.

Learn why timely reporting of claims is so important in this blog post, “Benefits of Timely Claims Reporting.”

Did you know that failure to report claims in a timely manner can affect your coverage? Most policies contain time limits and specific procedures to follow for repair work. If you don’t follow them, you may be denied coverage.

Learn more about the importance of timely claim filing in this blog post, “Benefits of Timely Claims Reporting.”

When an accident or property damage occurs, you may hesitate to file an insurance claim. But filing a timely claim can give you peace of mind knowing your experienced insurance agent can help you navigate the situation and become a trusted advocate during a difficult time.

Learn more about the importance of timely claim filing in this blog post, “Benefits of Timely Claims Reporting.”

Filing an insurance claim as soon as possible after an incident at your rental property that causes damage or injury should be near the top of any emergency plan. Timely filing can set in motion actions that will help you recover more quickly.

Read the blog post “Benefits of Timely Claims Reporting” for more tips and information to help you contain the damage from an insured incident.

If you’re like most people, you probably just tuck your insurance policies in a drawer when they arrive in the mail. People often don’t read their policies until they need to make a claim, and by then, it’s too late. Understanding the key components of your insurance policy can help you be sure you have the protection you need.

Read the blog post “The Anatomy of an Insurance Policy” to understand key insurance terms and how to read your policy.

Liability is your legal obligation or responsibility for injuries or damages to another person. For example, if you fail to repair a leaky roof, you can be held liable for damage to a tenants’ property. Or, if a tenant trips on a broken sidewalk, you can be responsible for medical bills.

Read the blog post “The Anatomy of an Insurance Policy” to understand key insurance terms and how to read your policy.

A deductible is the portion of covered services you pay out of pocket before the insurance company pays the remainder of the claim. For example, let’s say your building sustains damage in a storm. If your policy has a deductible of $2,000, and the insurance adjuster values your loss at $2,500, the insurer will pay you $500.

Read the blog post “The Anatomy of an Insurance Policy” to understand key insurance terms and how to read your policy.

Insurance can be confusing. Your policy may contain endorsements, conditions, and exclusions, but what does it all mean? At Millers Mutual, we understand how important it is for you to understand the insurance policies your rental business needs. Together with your trusted insurance agent, we can answer all your insurance questions and help you find the right coverage.

Read the blog post “The Anatomy of an Insurance Policy” to understand key insurance terms and how to read your policy.

Do you know the difference between insuring property at actual cash value and replacement cost? If not, you might not have the coverage you need in the event of a loss.

Learn more about this and other insurance concerns for multifamily housing and rental dwelling properties.

If new laws come into play after your original property was built, it may cost you more to repair your property to bring it up to code.

Are you insured properly for that?

Hard insurance markets present many challenges for insurance agents. And because the last significant hard market was in 2001, these are uncharted waters for many.

Learn strategies to help you talk to clients, work with underwriters, and navigate through these challenging times.

Pressure to produce. Long hours. Difficult conversations. Hard insurance markets present many challenges for insurance agents.

Millers Mutual’s got you covered with a list of best practices for selling in today’s hard insurance market.

Hard insurance markets present many challenges for insurance agents, but agents with a deep understanding of the market and close carrier relationships are best suited to help navigate insureds through the process.

Each fall, before the weather gets too cold, turn off outside faucets and in-ground irrigation systems to prevent freezing and bursting when the temperature dips.

Periodically verify that all fire extinguishers are inspected and in proper order. Make sure they’re accessible and review their proper use.

Before a hurricane hits, be sure all drains are clear of debris that can cause a water backup.

Every time a property owner/manager hires an outside contractor for services such as landscaping, snow and ice removal or pool maintenance, there is the potential for third-party litigation resulting from the contractor’s work.

Be sure your contractors have proper insurance coverage by obtaining a certificate of insurance.

GFCIs are electronic devices designed to shut off power when they detect a common type of electrical shock hazard called a ground-fault.

A simple visual check of the pipes and fitting at the top of your water heater could reveal signs of corrosion. If you can see corrosion at the connection between the steel and copper fittings, this could be an indication that galvanic corrosion is occurring.

Property owners and residents alike can take steps to prepare for hurricanes and windstorms.

Every year, property is damaged due to grilling negligence. Always paying attention to a lit grill is the first step in preventing these accidents.

As a property owner, it’s your responsibility to make sure the building is safe. Take the time each spring to look for roof or window damage that can cause leaks.

Considering roof-mounted solar panels? Be aware they may impact how firefighters deal with a fire in your building. A detailed pre-emergency plan covering a fire situation in those buildings should be developed and reviewed, as appropriate, with the local fire brigade.

Property owners/managers can be held liable for wrongful acts committed by a contractor even though the owner/manager may have no direct fault for the act. Having a Certificate of Insurance for every contractor can help reduce your liability.

As snow melts along the roof of a home or building, it may refreeze along the eaves of the roof to form a ridge of ice, known as an ice dam. These can cause serious damage. Prevention is key.

As summer approaches, test your air conditioning system. The first hot day is the worst day to find out it’s not working!

Whether you plan to replace appliances, upgrade a bathroom, or knock down a wall in your rental unit, you must balance the costs with the potential returns. With a range of design and cost options for any renovation, the key is to make choices that will not only improve your property, but will also increase its value.

Read the blog post “Five Things to Consider When Renovating a Rental Property” before diving in to your next project.

When you are planning a renovation project, timing is important. Try to plan renovations on your property in between tenants (but prepare in advance for the vacancy and consequent loss of income). And be sure your project schedule won’t leave you with a vacancy during the winter months when re-renting is difficult!

Getting ready to renovate a rental property due to an insurable event? A businessowners policy, or BOP, may help replace the income lost when you are forced to repair or renovate your property after a fire or other insured event. Understand what coverage is available before you need it so you’re prepared before disaster strikes.

Read the blog post “Five Things to Consider When Renovating a Rental Property” fore more tips before starting your next renovation project.

Are you getting ready to renovate? You waited for one tenant to move out before planning a renovation project on that unit, but what about your other tenants? It may not be practical to wait for all four units in the building to be vacant before calling in the contractors for some much-needed updates. In most cases, updating one unit at a time is easiest and most economical. Notify tenants before the work starts about any disruptions they may face.

Read the blog post “Five Things to Consider When Renovating a Rental Property” fore more tips before starting your next renovation project.

Any time you bring outside contractors onto your property, you are assuming additional liabilities. Confirm that the contractors you hire are insured and verify their coverage before the project begins. You may also want to check with your insurance agent to confirm whether the coverage on your policy is adequate to the situation. What happens if the contractor is injured? Who is responsible for protecting your tenants from injury? Are your liabilities covered in the event a visitor to the property or a stranger walking by is injured due to your renovation project?

Read the blog post “Five Things to Consider When Renovating a Rental Property” fore more tips before starting your next renovation project.

When a large multifamily housing or commercial property construction project begins, there’s a lot to think about. Typically, throughout each stage of your new building’s life, customers need a different type of insurance. Needless to say, things can get complicated. So, we’ve developed a product to make things a bit simpler. Building Lifecycle (Builders Risk) allows them to obtain ONE policy for the entire lifecycle of their building.

Throughout each stage of a new building’s life, different types of insurance coverage are needed. With a combined policy, juggling those needs doesn’t have to be so complicated.

From ground-breaking until construction wraps, your building needs coverage. The Building Lifecycle (Builders Risk) product combines multiple policies into one, making complicated coverage simpler.

Our Building Lifecycle (Builders Risk) policy combines multiple policies into one including Business Income with Extra Expense, Equipment Breakdown and General Liability.

You know you need coverage for your property in case of a fire or severe storm damage. But what other risks do you face? Understanding your potential liabilities and what your policy covers is essential.

Read the blog post “Rental Property Business Insurance Basics” to learn more about some common risks rental property owners face.

A businessowners policy (BOP) is a great first step in getting coverage for your rental property. It combines three areas of coverage into one simpler, more economical package, including property, business interruption, and liability. But is it enough?

Read the blog post “Rental Property Business Insurance Basics” to learn more about some common risks rental property owners face.

What does a BOP cover? First and foremost, it covers the most valuable part of your business: the property you own. It can also cover business-related items stored on or near your property. And because BOPs also include business interruption and liability coverage, it’s an essential policy for most rental property owners.

Read the blog post “Rental Property Business Insurance Basics” to learn more about other common risks rental property owners face and the coverage they need to protect them.

If one of your rental units was damaged and uninhabitable for several months, your business–and your income–would be interrupted. A businessowners policy (BOP) can offer protection in the event a unit is damaged by a covered incident and provide coverage for a portion of your income while repairs are made.

Read the blog post “Rental Property Business Insurance Basics” to learn more about how a BOP can help you protect your rental property business.

What happens if a tenant, a neighbor, or visitor is injured on your rental property? How about if your tenant’s personal items were damaged due to a water leak? How would you pay for medical care and legal fees of injured parties? A businessowners policy includes liability coverage, which can offer you protection if you are held responsible for injury to others or damage to someone’s property.

Read the blog post “Rental Property Business Insurance Basics” to learn more about how a BOP can help protect your rental property business.

A businessowners policy is a valuable piece of protection for any rental property business because it includes property, business interruption, and liability protection. But your business likely faces other risks that fall outside of BOP coverage. To help mitigate them, you’ll want to consider other coverages.

Read the blog post “Rental Property Business Insurance Basics” to learn more about other common risks rental property owners face and the coverage they need to protect them.

The market value is how much you could sell your property for, while the insured value is how much it would cost to rebuild your property. Often, the market value is higher than the insurance value of a property, although with inflation climbing that trend could turn around. With record inflation, the cost of everything, including the materials you need to repair your home after a covered loss, is skyrocketing.

Talk to your agent to find out if your home is properly insured in the event you have to rebuild during these turbulent times, and read the blog post “Why Adjust Building Value for Inflation?” to learn more.

The underwriters of your property insurance use the value of your property to calculate the amount of coverage you should need and the cost of your premiums. They also use the property valuation to set policy limits based on their best estimates of what it would cost to rebuild your property if it were a total loss. Understanding the difference and how rising inflation could affect you if you need to rebuild is critical.

Read the blog post “Why Adjust Building Value for Inflation?” to learn more.

If your property is a total loss after a devastating storm, you’ll turn to your insurance for coverage. However, factoring in today’s inflation rate, it might cost you 15% to 30% more than its insured value to rebuild your rental property. That additional cost would become your out-of-pocket expense. You might also have to factor in additional lost revenue due to supply chain issues that could turn a six-month building project into a yearlong event. Are you prepared?

Read the blog post “Why Adjust Building Value for Inflation?” to understand what’s happening with skyrocketing repair costs.

Landlords have a responsibility for providing “habitable housing” for their tenants, which at its most basic means the property is free of obvious hazards, has heat and running water, is structurally sound to protect from weather conditions, is free of mold, bugs, and other health hazards, meets basic sanitary standards, and is reasonably secure. The actual definition can vary by state and be interpreted differently by courts.

Read the blog post “What Is Your Landlord Liability if a Tenant Is Injured?” to learn more about your risks and how to protect yourself.

If a personal injury results from a hazardous condition on your property, you could be held liable, even if the condition is temporary. If you’re aware of a hazardous condition but don’t resolve it timely, your risk increases. You also have a responsibility to warn tenants of an existing hazard if repairs will take time.

Read the blog post “What Is Your Landlord Liability if a Tenant Is Injured?” to learn more about your responsibilities as a landlord and the risks you face while renting out your property.

A businessowners policy, or BOP, offers liability, business interruption, and property – for less than the cost of each separately. You can also increase limits and add coverages to a BOP for a customized solution.

Though we are focused on a challenging class of business to write, our knowledge of the multifamily housing space allows us to adequately assess and prepare for that risk. We take the time to learn from property owners and managers, acquiring more insight used to develop product enhancements our customers need.

What is building ordinance and law coverage? And do you need it? Your property might be insured for replacement cost, but if new laws come into play after your original property was built, it may cost you more to repair your property to bring it up to code. Some policies exclude the increased cost of construction due to new laws or city ordinances. Check with your Millers Mutual insurance agent today to make sure you’re covered.

What are the benefits of insuring your dwelling rental property on a businessowners policy (BOP) v. a dwelling fire policy? One of the main benefits is having a $1,000,000 liability limit on your property v. a typical $300,000 limit on a dwelling fire policy. Another benefit with a BOP is providing separation between your businessowners policy and your personal homeowners policy. Should someone sue, having your business on a BOP instead of a dwelling fire provides you added protection.

As a property owner of multifamily housing or dwelling rental properties, do you know what insurance coverages are suggested for your situation? We do and we can help you to ask your agent the right questions to get what you need.

Insuring your dwelling rental property with a businessowners policy (BOP) rather than a dwelling fire policy has some benefits. We can help you understand the difference between these policies.

Do you own a building four stories or fewer? That’s right in our sweet spot!

The industry standard for writing a dwelling is 3 units or more, whereas Millers will write a 1-unit dwelling.

As a business owner, there are many things to consider when it comes to insurance. Having appropriate coverage can save the day when a loss occurs.

Coverage for parking garages and lots are not included in standard BOPs. The Millers Mutual BOP can cover your parking area for an adjusted premium.

At Millers, we can include Real Estate and Property Managers on a primary basis, as long as they are performing duties on behalf of the named insured.

If you own a rental property, you need the right insurance to protect your investment and that income. A businessowners policy can cover damage to your property due to a weather event, fire, or other covered incident, and a commercial umbrella policy provides an additional layer of protection for liability claims that exceed the limits of your general liability.

For more helpful suggestions like this, read the blog post “8 Solid Ways to Maximize Your Rental Income.”

Your client’s insurance will most likely protect their company against a minor misfortune, but it may not give them the protection they need to survive a lawsuit—especially with lawsuits occurring at an alarming frequency. Consider commercial umbrella coverage.

One small mishap can carry a major price tag. Liability claims against your rental business can quickly exceed the value of your property and the cash you have on hand. An umbrella policy can back up your basic liability policy limits, offering you additional protection when you need it most.

Read the blog post “Rental Property Business Insurance Basics” to learn more about other common risks rental property owners face and the coverage they need to protect them.

Umbrella coverage provides affordable protection against catastrophic losses by picking up where your other policies leave off.

If you are responsible for damages that exceed the limits of your primary policy, commercial umbrella coverage can cover the rest.

Commercial umbrella insurance, also known as excess liability insurance, picks up when your primary policy hits its limit.

Without Umbrella coverage, you are responsible for damages that exceed the limits of your primary policy.

Cybercriminals are on the hunt, and the personal information of your tenants is the target. You have a legal responsibility to keep this information safe, and if business files are breached, you could be facing significant fines and legal fees. Data response and cyber liability insurance can help.

Read the blog post “Rental Property Business Insurance Basics” to learn more about other common risks rental property owners face and the coverage they need to protect them.

As a landlord, you are a very attractive target for cybercriminals. These are the modern-day bank robbers who use technology to steal information. Once your information or your tenants’ is in their hands, they can sell it or use it to access bank accounts, real estate records, and more. Protecting your business is essential.

Read the blog post “Why Cybercriminals Target Landlords” to learn what’s at risk and how you can protect your business.

With only a few pieces of critical information, a cybercriminal can file paperwork that transfers property ownership to them. They can then refinance the mortgage, cash out equity, open a line of credit, and even list the house for sale!

Read the blog post “Why Cybercriminals Target Landlords” to learn more about what’s at stake when it comes to your property and the potential financial damage that can occur.

If a cybercriminal gets your tenants’ personal information, such as Social Security numbers, addresses, and more, they can use it to impersonate them by applying for loans and credit cards, racking up many thousands of dollars in debt. Thieves can also sell this data on the dark web.

Read the blog post “Why Cybercriminals Target Landlords” to learn more about what you can do to protect your tenants and yourself.

Think that you’re not a target for cybercriminals because you only have one rental property? Think again! Even renting out one unit makes you a business with access to sensitive data. You’re responsible to safeguard it, and you can be held liable if it’s stolen.

Read the blog post “Why Cybercriminals Target Landlords” to learn what you can do to protect your tenants’ valuable information.

Details of your property ownership are easily discoverable online in public records. Periodically review these records to look for changes or signs someone has tampered with a deed, changed your mailing address, or attempted fraud. Also, scan your credit reports regularly to look for unauthorized activity.

For more tips on what you can do to protect yourself and your tenants, read the blog post “Why Cybercriminals Target Landlords.”

Details of your property ownership are easily discoverable online in public records. Periodically review these records to look for changes or signs someone has tampered with a deed, changed your mailing address, or attempted fraud. Also, scan your credit reports regularly to look for unauthorized activity.

For more tips on what you can do to protect yourself and your tenants, read the blog post “Why Cybercriminals Target Landlords.”

Because you possess sensitive personal information through your rental property business, you are a target for cybercriminals. Protect your risk and take steps to avoid financial disaster for you, your tenants, and your business by securing Data Response and Cyber Liability coverage.

Read the blog post “Why Cybercriminals Target Landlords” to learn more about your risks and how to protect yourself.

The valuable information you collect from tenants can be a gold mine in the hands of cybercriminals. From Social Security numbers to address histories and so much more, criminals want the information you have.

Watch a quick video to learn what information is most at risk and get tips to minimize your risk.

If you own or manage rental properties, you have cyber risk. Regardless of the size of your rental property business, you possess personal information that can be stolen, lost, or otherwise compromised. And, while it might seem surprising, a BOP typically doesn’t protect from cyber-attacks and data breaches. At Millers, you can easily add data cyber coverage onto your BOP to eliminate this headache altogether.

When a data breach occurs, the average cost is $148 per record. It may not seem like a lot on its own, but the costs can add up. How many records do you maintain?

Large corporations often have higher cyber security budgets that allow them to be better protected and hackers know this. That could be why 58% of data breaches happen to small businesses.

Roughly 50% of small businesses have reported a data breach over the past year. Even more have reported being hit by a cyber attack.

Most businesses insure against risks like fire, liability or a burglary, however many have not purchased data response and cyber liability insurance. This can leave your business exposed to a major financial blow if your systems are breached.

Cyber security costs are a budget line item you cannot afford to skip. Make data response and cyber liability insurance part of your security plan so that in the case of breach, your risk is minimized.

More than half of the small businesses that experience a data breach close within 6 months. Without a cyber liability insurance policy to help cover the costs associated with a breach, how long would your business stay open?

The median cost of a data breach to a small business is $36,000. Without data response and cyber liability insurance in place to help mitigate that cost, can your business withstand the hit to the budget?

A cyber data breach can create many expenses: breach response, defense, regulatory fines and penalties, business interruption and more. You can’t afford to skip data response and cyber liability coverage.

Cyber liability insurance protects your business against costs associated with data breach response services, regulatory fines and penalties, website media liability and more.

If a cyber criminal attacks your business causing data loss or interruption of services, a cyber liability policy can help protect you financially.

75% of small businesses have no budget for cyber security. Having insurance isn’t a replacement for that, but it’s a critical piece of protection businesses need.

Employment Practices Liability Insurance can provide financial protection against claims of discrimination, sexual harassment, wrongful termination, and more. Yet many rental property owners don’t think their business is “big” enough to warrant such a policy.

Read the blog post “Employment Practices Liability: Why Landlords Need It” to learn more about this valuable coverage and how it may benefit you.

If one of your former employees were to sue you claiming wrongful termination, would you have the resources to hire a law firm and defend yourself? Lawsuits are expensive, and without EPLI coverage, you would have to pay every cent out of your own pocket.

Read the blog post “Employment Practices Liability: Why Landlords Need It” to learn how EPLI coverage can give you peace of mind that your business is protected.

Employment Practices Liability Insurance provides protection when your business is faced with claims such as discrimination based on age, race, gender, and other legally protected categories, sexual harassment, defamation, breach of employment contract, failure to promote, and violation of FMLA.

Want to learn more about EPLI coverage and how it can benefit your rental property business? Read our blog post “Employment Practices Liability: Why You Need It.

Have you hired a property manager or maintenance staff? If so, you might need employment practice liability insurance (EPL). Protect yourself against lawsuits for discrimination, sexual harassment, wrongful termination, or a number of other illegal employment practices.

Read the blog post “Rental Property Business Insurance Basics” to learn more about other common risks rental property owners face and the coverage they need to protect them.

No matter how careful you are, a tenant, employee, or other third party could sue you for discrimination, sexual harassment, wrongful termination, or a number of other illegal practices. Your business could face enormous legal fees to mount a defense. EPL, or employment practice liability insurance) can offer protection.

Read the blog post “Rental Property Business Insurance Basics” to learn more about other common risks rental property owners face and the coverage they need to protect them.

This coverage isn’t just for protection against employees. Our policy also provides third-party protection in the event of tenant discrimination when a current or prospective tenant sues.

When completing background checks on potential residents, follow the guidelines set forth by the Department of Housing and Urban Development to avoid a discrimination lawsuit.

In 2016, the Department of Housing and Urban Development (HUD) said refusing to rent based on a criminal record is a form of racial discrimination because of the racial imbalances in the United States justice system. Property owners and managers can protect themselves by adding third-party coverage to their Employment Practices Liability policies.

EPL Insurance can provide coverage for lawsuits filed by employees, vendors, customers, and even residents. Are you protected?

No matter how big your company or how well you manage your business, an employee, customer, or vendor can allege anything at any time. Employment Practices Liability Insurance can help cover the costs associated when someone files a charge against your business.

Avoid sexual harassment claims by implementing a zero tolerance policy and demonstrating accountability for all staff.

Employment Practices Liability (EPL) Insurance can help cover costs associated with claims made against your business of discrimination based on age, race, gender, color, national origin, religion, disability, pregnancy, and more.

Employees can sue for a number of reasons including wrongful termination, harassment, failure to promote, and retaliation. All claims must be defended, even unfounded ones, and EPL Insurance can help with those costs.

Training your employees on the types of actions that could be deemed discrimination is an important step toward avoiding a lawsuit.

Liability damages from a discrimination or harassment lawsuit can cost an employer tens of thousands of dollars. An Employment Practices Liability Insurance policy can help mitigate the risk.

When equipment stops, so does your business. No matter what type of business you run, where you’re located, or what type of equipment you depend on, your business needs equipment breakdown insurance. What could go wrong? Short Circuits. Electrical Arcing. Power Surges. Mechanical Breakdowns. Boiler Damage. It’s easy and affordable to add equipment breakdown insurance to your businessowners policy.

Your residents pay rent for a reason. They expect necessities, amenities, and when something’s awry, responsiveness. Power outages and service disruptions are part of life, but extended delays for repairs amid uncomfortable conditions will test anyone’s patience. Don’t leave your tenants in the dark. Equipment breakdown coverage helps you quickly repair, replace, and restore the building equipment that makes your property feel like home — so you can keep your reputation and rental income intact.

If something breaks down in your rental property, are you ready to foot the whole bill? Our equipment breakdown coverage is available for an add-on to our BOP and covers losses including property damage, business income, spoilage, and extra expenses caused by short circuits, electrical arcing, power surges, mechanical breakdowns, motor burnouts and boiler damage.

Keep your tenants comfortable by resolving equipment breakdown issues fast. What does equipment breakdown insurance cover? A slew of things that could leave your tenants ready to move out without a quick fix including heating and hot water equipment, electrical distribution systems, air conditioning, elevators, fire detection and security systems, emergency generators and boilers.

Equipment Breakdown Insurance: Lessons of loss and recovery …. Scale build-up resulted in a severe low-water condition, causing a boiler to rupture. Left without heat, tenants moved out or demanded rent relief. The total of loss in this situation cost $142,864.

Apartment buildings face a variety of equipment breakdown exposures and displacing tenants during a breakdown is a major concern. Proper maintenance of the low-water cutoff device on a boiler is a critical element in reducing boiler losses at apartments. Whether or not apartments have boilers, they certainly all have insurable equipment breakdown exposures. Ask your insurance agent today how you can add equipment breakdown coverage to your businessowners policy to protect your property from common equipment breakdowns.

Wondering if you should have equipment breakdown insurance on your businessowners policy for your rental property? Here’s an example of a common equipment breakdown scenario. An electric meter assembly for a 30-unit apartment building sustained electrical damage due to an internal event. This resulted in a surge that damaged the fire alarm panel and miscellaneous outlets in the building. The property damage totaled $14,500. This could have been a covered loss if equipment breakdown coverage was added to the apartment building’s insurance policy.

One inch of water can cause more than $25,000 worth of damage to a home. Flood insurance may be right for you.