We Specialize in Multi-Family and Single Family Rental Insurance
As Habitational Insurance experts we can tell you that no two insurance policies are the same. We are here to make sure that what you expect to be covered is covered.
Key Services
Insurance Coverage
The Power Habitational Program is underwritten by A rated carriers and is specifically designed for the needs of the multi-family landlord. The program offers dynamic coverages and limits that enable us to tailor your plan to your needs and tolerance for risk at a competitive price.
Class B Habitational
Not every property is ideal from an underwriting perspective. Properties with underwriting red flags; building age, deferred maintenance, and occupancy issues; can be difficult to place on an insurance policy worth the paper it is written on. It is important to work with someone who understands coverage contracts, can explain what is covered and most importantly fight for what is covered in the event of a claim.
Multi-Family & Single Family Rental Portfolios
Dynamic portfolios require dynamic insurance plans. Coverage form must meet the particular coverage needs of various geographic areas and the security interests of private equity lenders. High transactional count requires the ability to place and remove coverage with ease. Perhaps most importantly, rate must meet your pro forma’s metric. We’ve been there; talk to us.
Claims Management
Your insurance is supposed to be there to protect you when catastrophe strikes. The last thing you need when you have a fire, a theft or injury is worrying how you will be protected – that’s our job. We will hold your hand through the process and do the heavy lifting for you.
Unmatched Knowledge & Experience
Our team led by Steven Mikuzis consists of actual insurance coverage lawyers with national experience litigating coverage form against the largest insurance carriers in the country. That is unmatched practical knowledge working to ensure that you have the proper insurance coverage in place.
Habitational Real Estate
What Our Customers Say
When our building collapsed, the insurance company denied my client’s claim arguing earth movement was not covered. Rather than spending years in litigation, Steven obtained full coverage without filing a lawsuit.
George placed our insurance with a company that focused on insuring older apartment buildings like mine. He saved us a lot of money and we have not had any crazy premium increase. Working with a company that focuses on insuring apartments pays.
We were hit hard when in-dining was closed during the pandemic, Ted helped us reduce our insurance costs so that we could get by. Here was a guy who not only put in the work, he cost himself money in the process. That’s someone there for his clients. That’s integrity.
A conversation is how we like to start…
Tom Klonowski
em: tmk@powerrisk.net
Amir Kalamperovic
em: amirk@powerrisk.net
Mario Iveljic
em: miveljic@powerrisk.net
Sam Quijano
em: samq@powerrisk.net
From our resource center
Investment properties are Underinsured…and it’s a problem!
To say the past 18 months have been a seller’s market is an understatement when it comes to real estate habitational property. As people left the cities, small apartments & condos for larger homes in the suburbs and countryside to accommodate the need for...