Driving in North Dakota comes with its own set of risks-icy highways on I-94, rural roads where deer crossings are common, and hailstorms that can leave vehicles badly damaged. At Bowerman Insurance Agency, we provide auto insurance in Steele, ND and Bismarck that keeps you protected on every trip. As an independent insurance agency, we shop multiple carriers to find the right balance of coverage and cost for your needs.
Apartment & Condo Building Insurance
Multifamily & Association Coverage
Protection for Multifamily Properties & Associations
Apartment and condo buildings face risks that single-family rentals don't-large property values, shared entries, multiple tenants, and strict lender/association requirements. Bowerman Insurance builds multifamily insurance packages that protect your property, income, and liability, that can be customized for the rental market your in.
Basic Coverages for Buildings, Owners, and Associations
Landlord's Building Coverage
Protects the structure, roof, common areas, and mechanical systems against fire, hail, wind, and more.
Landlord/Association Liability
Covers claims for bodily injury or property damage on shared premises (slip/fall in halls, parking lot incidents).
Loss of Rents Coverage
Replaces rental income lost if a covered loss (fire, storm) forces tenants out during repairs.
Tenant Damage (optional)
Some policies cover accidental or malicious tenant-caused losses-ask Bowerman Insurance about options.
Equipment Breakdown
Protection for boilers, elevators, HVAC-critical for multifamily operations.
Building Ordinance Coverage
Coverage for extra costs to meet code after a loss (especially for older buildings).
Directors & Officers (optional)
For condo associations-protects board members from certain management liability claims.
Coverage for Condo Associations
Common Area Liability
Protects against claims for injuries or damage in hallways, gyms, pools, and shared amenities.
Directors & Officers Insurance
Safeguards board members and association management against legal claims.
Master Policy Breakdown
Bowerman Insurance clarifies what's covered by the association and what unit owners need separately-no confusion for your owners or lenders.
Ready for Underwriting: Multifamily Info Needed
- Building construction details (materials, age, roof system, renovations)
- Number of units and occupancy type (tenant vs owner-occupied)
- Loss history (claims, repairs)
- Safety features (fire suppression, sprinklers, security, egress)
- Current lender or association requirements
Bowerman Insurance can help you prepare all documentation that's needed.
Habitational Coverage
From ice and roof claims to seasonal vacancies and hail events, local multifamily and condo buildings face unique risks. Bowerman Insurance aligns your policy with the real exposures and lender or association documentation you'll need.
Apartment & Condo Building Insurance-Questions Answered
What insurance does an apartment building need?
Property, liability, loss of rents, equipment breakdown, and (optionally) tenant damage and board protection.
What does condo association insurance cover?
Structure, common area liability, board (D&O), and coverage for loss of rents-Bowerman Insurance helps clarify your master policy.
Does building insurance cover tenant damage?
Some policies do, some require endorsements-Bowerman Insurance can review your options with you.
Does someone renting a space in the building need to obtain their own insurance?
Yes, landlords insure the building, their policies do not cover a tenant’s personal property or liability.
How does loss of rents work for multifamily?
It replaces lost income if units become unlivable after a covered claim (subject to terms).
Get Habitational Coverage
Property, Income, and Board Protection
Don't risk gaps in coverage or missing lender requirements. Bowerman Insurance builds, reviews, and explains multifamily insurance packages-backed by local service and multiple carrier options.