Property Management & Habitational

Owning and managing property can be very lucrative. Unfortunately, the opportunity for great success is not without its risks. Imagine that you have spent your life savings to buy condos in a highly sought after area on the east coast. Continuous rain caused by recent hurricanes, have caused flooding in your buildings, which has resulted in damage and loss of tenants. How will you cover the damage as well as the loss of income from your rental property?

At Quantum Source Insurance Group (QSIG), we pride ourselves in providing insurance for the needs of property owners, like yourself. That includes all aspects of property ownership and management from condos, apartments, single family dwellings, student housing, commercial property, and all other types of lessor’s risk exposures.
Having property and habitational insurance is important. There are many aspects to property insurance that must be understood by the buyer, broker and agency in order to fully understand the risks and liabilities. The professionals at QSIG can assist you by providing insurance plans to ensure your property is fully covered.

We are committed to providing quality insurance for building owners nationwide and coverage for all types of properties, including:

• Apartments
• Condos
• Hotels/Motels
• Rental Homes
• Student Housing
• Vacant Homes
• And more

The risks associated with owning and renting property are endless. Therefore, all aspects of your business are taken into consideration when working with QSIG. Some of the coverages that we will review with you include:

• Business Owner’s Policy – also known as a BOP, combines business property and general liability insurance in one package.
• Errors and Omissions Coverage – protects against claims of professional negligence.
• Flood Insurance – covers not only property damage from acts of nature, like hurricanes and flash flooding but water damage from broken pipes or home appliances.
• General Liability – protects you from various claims, such as bodily injury to a tenant or visitor while on your property.
• Personal Property Coverage – covers losses to your personal property at the rental location.
• Tenant Discrimination Coverage – protects against lawsuits arising from claims of discrimination, harassment or wrongful eviction.
• Vandalism and Theft Coverage – protects you against loss or damage of property belonging to tenants, while on your premises.

For more information, contact us.