Protect Your Investment Properties with Customized Coverage
At Galloway Insurance, we understand that owning an apartment complex, duplex, or multi-unit residential property comes with unique risks and responsibilities.
At Galloway Insurance, we understand that owning an apartment complex, duplex, or multi-unit residential property comes with unique risks and responsibilities.
Our Apartment Insurance Program is designed specifically for Texas property owners, offering comprehensive protection to safeguard your buildings, rental income, and liability exposures.
We proudly serve apartment owners across Marble Falls, Burnet, Horseshoe Bay, and throughout Central Texas, providing expert guidance and tailored insurance solutions.
Our Apartment Insurance Program is designed specifically for Texas property owners, offering comprehensive protection to safeguard your buildings, rental income, and liability exposures.
What Does Apartment Insurance Cover?
Our apartment insurance programs typically include:
- Property Coverage – Protects the building structure, permanent fixtures, and common areas from damage due to fire, storms, vandalism, and more.
- Loss of Rental Income – Reimburses you for lost rental income if tenants must vacate due to a covered event.
- General Liability Insurance – Protects you if a tenant, guest, or visitor is injured on your property and files a lawsuit.
- Equipment Breakdown Coverage – Covers sudden mechanical failures of essential systems like HVAC units or boilers.
- Ordinance and Law Coverage – Helps pay for upgrades required by new building codes following a loss.
- Optional Enhancements – Crime coverage, umbrella liability, and flood insurance options available.
Who Should Consider Apartment Insurance?
Our program is ideal for owners and property managers of:
- Apartment complexes
- Duplexes and triplexes
- Townhome rental communities
- Mixed-use residential and retail properties
- Student housing properties
Whether you manage a small portfolio or multiple larger complexes, we can design a policy that fits your unique needs.
Why Apartment Owners Trust Galloway Insurance
- Access to multiple insurance carriers, ensuring competitive rates and broad options
- Customizable coverage packages for both small landlords and large multi-unit investors
- Knowledgeable agents familiar with Texas property insurance laws and requirements
- Local claims support and personalized service
Your rental property is a valuable asset. Galloway Insurance ensures it is protected against today’s risks and tomorrow’s uncertainties.
Our Promise: Insight, Expertise and Relationsip
At Galloway Insurance, we believe in more than just selling policies —we’re here to build lasting partnerships with Texas business owners.
- Insight—We understand your needs.
- Expertise—We understand Insurance.
- Relationship—You will love doing business with us, we care.
- Here to Help—When you call, we answer… When you come by, we’re here.
- Community—We make significant investments in our community because of your choice to do business with us.
Frequently Asked Questions (FAQs)
Is apartment insurance required by law in Texas?
While not legally required, most lenders require insurance if you have a mortgage. Having apartment insurance is highly recommended to protect your investment and income.
Does apartment insurance cover tenants’ belongings?
No, your policy covers the building and liability. Tenants should obtain renters insurance to cover their personal belongings.
What happens if my building becomes uninhabitable after a fire?
Loss of rental income coverage can reimburse you for lost rent while the property is repaired and tenants are displaced.
Can I cover multiple properties under one policy?
Yes, many insurance companies allow bundling of multiple apartment complexes or rental properties under a master policy.
Does apartment insurance include flood protection?
Flood coverage must be purchased separately through a specialized flood insurance policy.