City Landlord Building Insurance

Zurich’s City Landlord Building Insurance program addresses the needs of property owners who are also landlords with two to 100 units, including mixed-use, in designated cities. Available in 17 designated cities across the nation, this program provides comprehensive coverage with a range of value-added benefits.

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Business owners: Contact your insurance agent or broker

Insurance agents

Call a specialist now 847-762-7171

Appetite

  • Size: 2-100 units (sweet spot is 2-15 units) and can include ground floor mercantile
  • Classes: apartment buildings, condos, co-ops, brownstones, mixed-use
  • No age limit on buildings for optional and flexible Flood and Earthquake coverage; sublimit applied and extended after underwriter review
  • Construction: joisted masonry or better; no age limit on building, subject to system upgrades
  • Brick veneer in Denver, CO; Minneapolis and St. Paul, MN
  • Frame in San Francisco, CA; Los Angeles, CA; Portland, OR; Seattle, WA; and Boston, MA (condos only)

Geography

We are currently writing in select metro areas in the following states and D.C.:

  • California, Colorado, District of Columbia, Illinois, Maryland, Massachusetts, Minnesota, Missouri, New Jersey, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Virginia, Washington, Wisconsin

Ineligible risks

  • Buildings with one unit or over 100 units with more than 50% sq. ft. of mercantile exposure
  • Total insurable value (TIV) of over $25 million
  • Frame constructions if not located on West Coast

Coverages offered

  • All-Risk policy form unless the loss or damage is excluded or limited by other provisions
  • Ordinance or Law
    • Includes loss to undamaged portion of building
    • Additional limits for demolition cost
    • Additional limits for increased cost of construction
  • Replacement Cost with Agreed Amount endorsement
  • Back-up of Sewers and Drains included
  • Terrorism (TRIA) coverage included automatically
  • Equipment Breakdown: building machinery, heating/cooling systems, miscellaneous electrical apparatus
  • Optional coverages:
    • Medical Payments
    • Employee Benefits Liability
    • Hired and Non-owned Automobile
  • Online application
  • Minimum All Other Perils (AOP) deductible of $1,000 with $2,500 water damage deductible; AOP deductible options up to $10,000
  • TIV up to $25 million
  • General Liability: $1 million per occurrence/$2 million aggregate on bodily injury, property damage, personal and advertising injury
  • Personal Lines - $1 million per occurrence
  • Admitted
  • Competitively priced package policy that includes coverage for Equipment Breakdown, Backup of Sewer and Drains, Ordinance or Law (A, B and C)
  • Policyholders have access to vetted, qualified tradespeople via Sedgwick Repair Services.
  • Easy-to-complete application on our online portal
  • Automatic renewal process