Connell Insurance Agency (CIA) is pleased to be an integral part of the communities throughout South New Jersey and the suburbs of Philadelphia. The insurance professionals at CIA are there for you to provide the specialty insurance program you need to address your specific needs. Take a look here for a brief overview of some of the specialty lines products we offer.
As a landlord, you can’t get by with a standard homeowners or property insurance policy. You will need specialized coverage that takes care of the things that matter to you as a landlord. Coverages may include (but are not limited to):
- Comprehensive Property Coverage
- Optional Replacement Cost
- Liability Coverage
- Actual Cash Value
- Agreed Loss Settlement
Rental Unit Coverage
Many condo owners and other rental unit owners are unaware that they can and will be held liable for everything from the walls in of their properties, including the bathroom and kitchen areas. Owners should check with their Condo association or apartment complex bylaws to review what you are covered for and what you are not. CIA will work with you to make sure the inside dwelling of your rental unit is properly covered.
What most property owners don’t realize is that the insurance requirements for a vacant home or rental unit are different than an occupied home. You will need coverage that is specifically written for the risks that a vacant property exposes you to. Coverage details may include named peril protection and actual cash value loss settlement.
Builder’s Risk Insurance
Contractors face a variety of risk and loss exposures, whether they are in commercial or residential construction. At CIA, our insurance professionals are familiar with the issues contractors confront throughout the South New Jersey and Philadelphia areas. A builder’s risk policy protects your contracting firm from loss of property and the financial costs that arise from delays due to a covered loss.