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Industry Specific Services Multi-Family Complexes

Insurance Claim Services For Multi-Family Complex Owners

When you’ve worked hard to make your multi-family complex a success, suffering insured property damage shouldn’t threaten your future. Your commercial property insurance claim is supposed to make you whole — and our public insurance adjusters make sure no one stands in the way of your maximum financial recovery.

If you’ve suffered commercial property damage from fire, water, wind or another disastrous event, you do NOT have to deal with commercial insurance claim delays, denials, or low-ball offers.

Call in the public adjusters at Globe Midwest Adjusters International. We have a 94-year track record of successfully helping policyholders collect every dollar they’re entitled to under the terms of their commercial property insurance.

Trusting your insurance company to pay you everything you’re entitled to for your commercial property insurance claim is like trusting the IRS to do your taxes. It’s not a risk you have to take.

Much like you’d consult a CPA for complex tax matters, or an attorney for complex legal matters, our public insurance adjusters are licensed professionals who work exclusively for you when you need the highest payout for your insurance claim settlement.

If you’re being treated unfairly settling your commercial property insurance claim, Globe Midwest Adjusters International tips the scale back in your favor.

By focusing on the well-being of all stakeholders, we streamline the claim process until the building and every unit is back to pre-loss condition. Our unmatched track record of handling multi-family complex claims ensures this outcome.

Your Situation

Situation 1
1
You just suffered serious damage to your multi-family complex and you are wondering what to do next.
Situation 2
2
You call your insurance company and wait for an adjuster to come out hoping they will have your best interests at heart.
Situation 3
3
You move from the asset side of your insurance company's ledger to the liability side of their ledger.

How We Can Help

The More You Know, The Better The Results.

  • Settlement We will negotiate the best possible settlement.
  • Peace of Mind We can help you get back to your lives, family, and business sooner.
  • Administration We cover every part in preparing and settling your claim.
  • Team A team of experts on your side.

Multi-Family Complexes
Factors To Consider

When filing a multi-family complex insurance claim, there are many factors that need to be taken into consideration. To help you navigate the process, we have put together several talking points for you to review. Having a full understanding of each of the below bullet points is crucial to documenting, filing, and successfully settling your insurance claim. If any of these questions give you pause, please feel free to reach out to us for a no-cost discussion about your claim.
  • Does your policy pay for removal of your tenants’ personal property? Disposal of your tenants’ property? Storage of your tenants’ property?
  • Are relocation expenses for Section 8 Housing tenants covered?
  • Code Upgrade coverage is very important when rebuilding after a fire.
    • How does your coverage address code coverage?
    • Green building upgrades?
    • If your coverage is limited, is there anything you can do about it?
  • Does your policy pay for removal of your tenants’ personal property? Disposal of your tenants’ property? Storage of your tenants’ property?
  • Insurance companies frequently use independent building consultants to prepare bids.
    • Who are these consultants?
    • Who are they working for?
    • Do they only work for insurance companies? Why should this be a red flag?
  • What is your broker or agent’s role?
    • Will he/she be adjusting the claim?
    • How many claims has he/she handled?
    • Will his/her role be active or passive?
    • What is his/her background in construction?
    • When faced with supporting your position or the insurance company’s, where will he/she stand?
  • Your loss of rents claim is more than just submitting lease agreements. Why?
  • Is it always beneficial for your building/property to be considered a “total loss?” If not, why not?
  • Is there coinsurance in your policy?
    • If there is, what does it mean?
    • If there is, did your insurance company’s adjuster tell you? If not, why not?
    • How is coinsurance calculated on replacement cost? On actual cash value?
    • Properly managing coinsurance can prevent disaster. Not properly managing coinsurance can put you out of business!
  • Does your policy pay for removal of your tenants’ personal property? Disposal of your tenants’ property? Storage of your tenants’ property?
  • Are your continuing property management fees covered?
  • What does Title 24 and handicap access mean to you and your claim?
  • Are relocation expenses for HUD tenants covered?
  • In a condominium, where does the unit owner’s interest end and the HOA’s interest begin?
  • Can tenants stay in the undamaged units? Liability issues may make this a dangerous idea.
  • Replacement properties. Lease purchase strategy. Is it good for you?
  • If you place displaced tenants in undamaged units, how does it affect your rents claim?
  • Asbestos and lead-containing materials can have a major impact on your claim. Are you aware of how to properly address these in order to avoid future liability issues?
    • These hazardous materials can be expensive to address.
    • You want to make sure your insurance carrier does not cut corners when addressing this issue.

Multi-Family Complexes Client References