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.
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
|Building Damage by Theft|
|Coverage for Roadways, Walkways, And Parking Lot Paved Surfaces, or Other Exterior Paved Surfaces|
|Disappearing Deductible for Fire Losses|
|Fire Department Expenses|
|Fire Suppression System Recharge|
|‘Green’ Environment Extension|
|Growing Plants Trees Shrubs or Flowers in the Open|
|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|
|Property in Transit|
|Removal of Windstorm Debris|
|‘Safety Net’ Clause|
|Same Site Rebuilding Clause Deleted|
|Tool Floater with 5yr Replacement Cost|
Consider Adding these Extras
|Actual Loss Sustained (Profits)|
|Stated Amount Co-Insurance|
|Guaranteed Replacement Cost|