Multi-family housing insurance

Tenant coverage designed specifically for multi-unit properties

Exclusively available through Markel's partners, the renters insurance program targets large multi-unit properties where renters insurance is often required for tenants. Target properties in this program typically have 100 units or more, are less than 20 years old, and have a paid resident manager living on site, in addition to gated secure access.

Additional options permit further enhancement of coverage requirements, including:

  • Tenant liability - helps protect against losses the tenant may face if someone is injured or property is damaged due to the tenant's negligence.  Liability limits of up to $300,000 are available
  • Contents protection - provides coverage due to a covered peril, such as theft, fire, water or other damage to the insured’s personal property
  • Additional living expense - helps cover the increase in living costs that may occur while the insured's dwelling is repaired due to a covered loss.  Coverage equal to 20% of the Contents Limit is available

Markel renters customers benefit from these program features:

  • Monthly continuous term
  • Up to five roommates can be listed on one policy

Insurance, coverage and discounts are subject to terms and conditions, and may vary by state.  Please see the policy for specific coverage limitations and exclusions.