Covers the building structure, common areas, and landlord-owned fixtures and appliances. Multi-family properties require commercial property coverage — residential homeowners policies are not appropriate for rental properties with multiple units.

Covers bodily injury and property damage claims from tenants and visitors — slip and falls in common areas, injuries from property defects, and other third-party claims. Higher liability limits are recommended for multi-family properties.

Covers lost rental income if your property is damaged and units become uninhabitable. For multi-family property owners, loss of rents coverage is essential — a significant loss can eliminate rental income from multiple units simultaneously.

Provides additional liability protection above primary policy limits. Multi-family property owners face significant liability exposure — umbrella policies provide critical additional protection for catastrophic claims.

Standard commercial property policies exclude flood damage. If your multi-family property is in a flood zone, separate flood insurance is required. Even properties outside designated flood zones can experience flood damage.

Standard commercial property policies exclude earthquake damage. Oregon has significant seismic risk — earthquake coverage is an important consideration for multi-family property owners throughout the state.