As a multi housing property management leader—your insurance policy’s exclusions should be a top priority…for those who own apartments, commercial and other real estate buildings/assets. Does your insurance policy have an assault & battery exclusion? Does your policy have a pre-set limitation or cap—tied to your assault & battery coverage?

Below are two articles related to recent assaults–and a reminder of the importance of verifying your liability insurance policy before a serious criminal situation occurs. Please share these stories with those on your leadership, leasing and maintenance teams~

Couple Sues Apartment Complex Over Sex Assault
http://www.chron.com/news/houston-texas/article/Couple-sues-complex-over-assault-3620716.php

Jury Awards $20 Million To Rape Victim Who Sued Apartments
http://www.chron.com/news/houston-texas/article/Jury-awards-20-million-to-rape-victim-who-sued-3334843.php

Within your property management company—-do you have safeguards in place to protect your multi housing rental housing residents/tenants from this happening at your communities? Do you have a plan in place to alert your residents/tenants if an assault were to occur?

Focusing on assault & battery…how does this tie into your multi housing real estate and apartment/commercial business insurance coverage?

Would you like our team to do a comprehensive review of your real estate building insurance coverage—related to assault & battery coverage?

To learn more about this topic and to read the news, trends and ideas being shared by PM leaders—join the discussion thread below~with 60+ posts.

Industry Knowledge, Real Estate Building Insurance
http://www.linkedin.com/groupItem?view=&gid=36805&type=member&item=76772122&qid=0dc2d3c2-c9cd-4dc8-b481-ed2e4f93d5cb&goback=%2Egna_36805

Your LinkedIn group owner/moderator
Craig Simmons
Power Insurance & Risk Management Group
http://www.PIRMG.com

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