The types of properties listed above can be excellent investments, but each comes with its own set of circumstances that need to be taken into account when purchasing an insurance policy.

Along with coverage for the building or buildings, for example, owners of a shopping center would likely need specific coverage for outdoor signage that might be damaged by storms or vandalism and equipment such as air conditioning units and/or furnaces needed to maintain a comfortable environment. Owners of a skyscraper would need coverage to help pay the cost of repairing elevators or other systems necessary to provide access to tenants and visitors, while owners of apartment buildings need specific coverage to help protect against damage from tenants or natural disasters. And in each type of property, business interruption insurance can help make up for revenue lost in the event the building becomes unusable or uninhabitable due to a covered event.

And in the case of a historic property or other older building, Real Estate Insurance can help cover the cost of bringing the building up to current codes when repairing damage. These are just a few examples of the types of coverage specific to larger properties. An experienced insurance agent can help determine your specific needs.