Apartment/Habitational Insurance


Sterner Insurance Agency - Apple Valley, MN - Your Apartment/Habitational Insurance Experts


 Apartment/Habitational Insurance

Typical Habitational Coverage Summary

Typical Property Coverages

Typical Basic Package Limits

Typical Enhanced Package Limits

Business Income (Rents)(Apts Only) $50,000* Actual loss sustained if building amount is $25M or less.
Association Fees & Extra Expense (condos Only) $100,000* $100,000*
Accounts Receivable $5,000* $5,000*
Arson Conviction Reward $5,000 $5,000
Building Ordinance or Law Cov. A—Covered
Cov. B—$25,000*
Cov. C—$10,000*
Cov. A—Covered
Cov. B—$50,000*
Cov. C—$25,000*
Computer Equipment $5,000* $10,000*
Debris Removal Covered Covered
Equipment Breakdown Not Covered Included
Extended Replacement Cost Covered Covered
Fire Department Service Charge $1,000 $1,000
Fire Extinguisher Recharge $2,500 $2,500
Glass Included Included
Master Key $100/$5,000 $100/$10,000
Newly Acquired Buildings $250,000 $250,000
Outdoor Signs $2,500* $7,500*
Pollutant Cleanup $10,000 $10,000
Specified Property (Pools, Fences, Walls & Walkways) $2,500* $5,000*
Valuable Papers and Records $5,000* $5,000*

Crime Coverages

Basic Package Limits

Enhanced Package Limits

Employee Dishonesty $5,000* $10,000*
Money and Securities - Inside/Outside $5,000* $10,000*
Forgery and Alteration $2,500 $10,000

Liability Coverages


$500,000 per Occurrence
Products/Completed Operations
Premises/Operation Aggregate:
2 x Liability and Medical Expense Occurance Limit
Products/Completed Aggregate:
1 x Liability and Medical Expense Occurance Limit
General Aggregate:
2 x Liability and Medical Expense Occurance Limit
Personal Injury
Advertising Liability
Contractual Liability
Employees as an Insured
Tenants Liability (Apt./Condo)
Medical Expenses $5,000 per person/$25,000 per occurance
Parking Area Liability
* Higher limits available

Let the Sterner Insurance Agency - Apple Valley, MN help you understand and protect all of the risks you run and all of the perils your business faces. We will do this with a well thought out and executed business insurance policy designed just for our Apartment/Habitational Insurance policy holders.