‘Your Own’ Apartment/Condo Policy

Red River Mutual is owned by its policyholders. We invite you to own a piece of our company by allowing us to protect yours.

Ask your Broker to explain all of the extra coverages packed into Your Own Apartment/Condo Policy.

This package is available for any properties larger than a 4-plex.

Discounts are available for Condos and 55+ Facilities.

Applicable Extensions

Every Red River Mutual commercial package includes an additional bundle of more than 50 extensions that provide over $1,000,000 in extra coverage to meet your unique business needs.

Below are some of the key extensions we added to Your Own Realty Policy:

3D Crime Coverage

  • Employee Dishonesty
  • Loss Inside the Premises
  • Loss Outside the Premises
  • Money Orders and Counterfeit Paper Currency
  • Depositors Forgery
  • Computer Theft and Funds Transfer
Accounts Receivable
Blanket Bylaws
Building Damage by Theft
Conviction Reward
Coverage for Roadways, Walkways, And Parking Lot Paved Surfaces, or Other Exterior Paved Surfaces
Debris Removal
Disappearing Deductible for Fire Losses
Extra Expense
Fire Department Expenses
Fire Suppression System Recharge
‘Green’ Environment Extension
Growing Plants Trees Shrubs or Flowers in the Open
Inflation Protection
Master Key / Lock Repair or Replacement
Mortgage Rate Guarantee
Newly Acquired Locations
Newly Acquired Property
Off-Premises Utilities Interruption
Personal Property of Officers, Employees, Volunteers & Visitors
Professional Fees
Property in Transit
Removal of Windstorm Debris
‘Safety Net’ Clause
Same Site Rebuilding Clause Deleted
Sign Coverage
Tool Floater with 5yr Replacement Cost
Valuable Papers

Consider Adding these Extras

Sewer Backup
Equipment Breakdown
Flood
Earthquake
Actual Loss Sustained (Profits)
Stated Amount Co-Insurance
Guaranteed Replacement Cost

Click Here to download – Your Own Apartment/Condo Policy PDF