Underwriters price an apartment building from two directions: what it would cost to rebuild and how likely a loss is. Most of the factors below move one or both.
What carriers weigh most:
Location and catastrophe exposure. Wind, hail, wildfire, flood, and earthquake risk, plus distance to a fire station and hydrants.
Age and condition. Roof age, electrical panels and wiring, plumbing materials, and heating systems. Documented updates carry weight.
Construction and occupancy. Frame versus masonry or non-combustible construction, sprinklers, unit count, turnover, and the type of resident.
Liability features. Pools, fitness rooms, playgrounds, parking lots, and the property’s crime and security record.
Loss history and management. Prior claims, maintenance records, and vacancy.
How Liberty structures your protection:
We build the submission so underwriters see the full picture, including roof replacements, rewiring, and safety upgrades with documentation. Then we take the account to carriers that write your type of building and compare structures, not just prices.