Build-to-Rent Insurance Program

Build-to-rent properties face unique challenges when it comes to risk management. These innovative properties, where 100% of the units are rental-occupied and owned by a real estate investment firm, require an approach that goes beyond basic coverages and protects the community association and its board of directors from new and emerging risks. The Build-to-Rent Insurance Program from Community Association Underwriters (CAU) was custom-designed to address this new movement in the community association space and provide vital coverage for these unique properties.

Available Coverages

Property

• Homeowners associations without residential building coverage
• Minimum deductible $10,000

Crime

• Maximum limit $150,000

Equipment Breakdown

• Maximum limit $100,000,000 (Subject to referral)

Casualty

• General liability maximum limit of $1,000,000 with general aggregate of $2,000,000
• Environmental liability

Ineligible Coverages

• Umbrella
• Directors and officers
• Cyber liability

Carrier

• The Princeton Excess and Surplus Lines Insurance Company

Miscellaneous

• Named Insured on policies – homeowners association
• Coverage will only be offered exclusively to BTR communities. The program will not entertain mixed communities where renders and owner-occupied homes share the same community.

Go With the Experts. Go With CAU.

CAU is a managing general agency and national leader in community association insurance and risk management. Founded in 1989, CAU services community associations, residential and office condominiums, cooperative apartments, and homeowners associations. CAU is based in Newtown, PA and offers property, casualty, fidelity, D&O, general liability, and ancillary products to a nationwide client base.

Contact

Douglas Henken

Vice President, Marketing

(855) 699-6854