Habitational Properties

Habitational properties, such as apartment buildings, condominiums, and rental homes, require insurance to protect against a range of risks inherent in property ownership and management. Insurance for habitational properties provides coverage for potential liabilities, property damage, and loss of income due to unforeseen events like fire, theft, vandalism, or natural disasters.

Additionally, habitational insurance often includes liability coverage for injuries suffered by tenants or visitors on the property, as well as coverage for legal expenses and medical payments. Without insurance, property owners and managers risk significant financial losses and legal liabilities that could threaten the stability and profitability of their investments. Therefore, habitational insurance is essential for safeguarding the assets and interests of property owners and ensuring the well-being of residents and visitors.

Habitational Properties

Why Choose The Millward Agency?

Choosing The Millward Agency means opting for unwavering confidence in your insurance provider. Our accolades and recognitions speak volumes about our commitment to excellence. Our bespoke insurance solutions for the automotive industry are designed to underwrite your success, with a proven track record of serving businesses like yours with integrity, innovation, and a keen understanding of industry-specific risks.

Nationwide Presence

We are proud to offer nationwide coverage while retaining a personal touch that resonates with local communities. Our understanding of diverse regional needs ensures that our clients receive service that feels both global and neighborly.

75+ Years of Expertise

We carry a legacy of over seven decades in the insurance industry. Our enduring commitment to excellence is rooted in a deep understanding of insurance’s evolving landscape, shaped by years of experience and client-focused service.

Integrity in Every Policy

Our philosophy is simple: if we wouldn’t buy it ourselves, we won’t sell it. This ethos ensures every policy we offer is built on a foundation of trust and reliability, reflecting our commitment to honest and transparent insurance solutions.

Target Classes

Here’s a comprehensive list of various types of habitational properties:

HOA (Home Owner’s Association)

COA (Condo Owner’s Association)

POA (Property Owner’s Association)

Apartment buildings



Single-family homes




Multi-family homes

Co-operative housing

Mobile home parks

Retirement communities

Assisted living facilities

Student housing

Vacation rentals

Boarding houses

Rooming houses


Halfway houses

Transitional housing

Shelter facilities

Each type of habitation may have unique characteristics, management considerations, and associated risks, which may influence the insurance needs and risk management strategies for property owners, managers, and residents.

Specialized Protection

Here are some important insurance policy endorsements and enhancements specifically tailored for habitational properties, but not limited to:

Additional Insured Endorsement

Extends liability coverage to additional parties, such as property managers or landlords, who need protection against claims arising from the habitation property’s operations.

Loss Assessment Coverage

Provides coverage for assessments levied by homeowners associations (HOAs) or condominium associations against individual unit owners for shared property losses or liabilities not covered by the association’s master policy.

Building Ordinance or Law Coverage

Covers additional expenses incurred to comply with building codes or ordinances when repairing or rebuilding a damaged property, crucial for older properties that may require upgrades after a covered loss.

Tenant Relocation Expense Coverage

Covers expenses to temporarily relocate tenants if the property becomes uninhabitable due to a covered loss, helping mitigate potential losses of rental income.

Mold Coverage Endorsement

Provides coverage for damage or remediation expenses related to mold contamination, which is often excluded from standard property insurance policies and can be critical for properties prone to moisture issues.

Service Line Coverage Endorsement

Provides coverage for damage to underground service lines (e.g., water, sewer, electrical) typically excluded from standard policies, helping cover repair or replacement costs for these essential utilities.

Crime Coverage Endorsement

Protects against losses due to crimes such as theft, burglary, vandalism, or employee dishonesty occurring on the property, safeguarding against financial losses resulting from criminal activities.

Scheduled Personal Property Endorsement

Allows property owners to schedule specific high-value items, such as artwork or jewelry, for additional coverage beyond the standard personal property limits provided by the policy.

Guaranteed Replacement Cost Endorsement

Ensures full reimbursement for the cost of rebuilding or repairing the property, even if it exceeds the policy limits, providing peace of mind in the event of a catastrophic loss.

Policies Offered

Habitational properties, such as apartment buildings, condominiums, and rental homes, require comprehensive insurance coverage to protect against various risks and liabilities.

Here are key insurance coverages and types of policies commonly used for habitational properties:

Property Insurance

Property insurance provides coverage for physical damage or loss to the structure of the property and its contents due to perils such as fire, smoke, theft, vandalism, windstorm, hail, and other covered events.

Liability Insurance

Liability insurance protects property owners or managers from claims or lawsuits alleging bodily injury or property damage to third parties, such as tenants, visitors, or guests, occurring on the premises of the habitation.

Umbrella Liability Insurance

This policy provides additional liability coverage beyond the limits of primary liability policies, offering extra protection against catastrophic claims or lawsuits that exceed the underlying policy limits.

Business Income and Extra Expense Coverage

Provides coverage for lost rental income and additional expenses incurred during the restoration period after a covered loss, helping mitigate financial impacts during property repairs

Equipment Breakdown Coverage

Protects against repair or replacement costs for essential equipment like HVAC systems or appliances due to mechanical breakdown.

Earthquake Insurance

Earthquake insurance provides coverage for damage or loss caused by earthquakes, including structural damage, contents damage, and loss of rental income. It is particularly important for properties located in seismic zones or regions prone to earthquakes.

Flood Insurance

Flood insurance provides coverage for damage or loss caused by flooding, which is typically excluded from standard property insurance policies. It is essential for habitational properties located in flood-prone areas or designated flood zones.

Building Ordinance or Law Coverage

Covers the extra expenses of rebuilding or repairing a property to comply with updated building codes or ordinances after a covered loss.

Directors and Officers (D&O) Insurance

D&O insurance provides liability coverage for board members, directors, and officers of homeowners associations (HOAs) or condominium associations, protecting them from claims alleging wrongful acts or decisions made in their capacity.

Workers' Compensation Insurance

Workers’ compensation insurance is typically required for habitational property owners or managers who employ maintenance staff, contractors, or other workers, providing coverage for work-related injuries or illnesses suffered by employees.

Environmental Liability Insurance

Environmental liability insurance provides coverage for cleanup costs, legal expenses, and damages arising from pollution or environmental contamination on the habitation property, such as lead, asbestos, mold, or hazardous waste.

By obtaining these key insurance coverages and policies, property owners and managers can effectively protect their investment and mitigate potential risks and liabilities associated with habitational properties. Working with an experienced insurance agent or broker who specializes in commercial insurance can help ensure that the insurance program is tailored to meet the specific needs and exposures of the property.

The Millward Agency, Inc. Testimonials

Hear from our clients who have achieved stability and growth with The Millward Agency’s insurance solutions. Our case studies demonstrate our commitment to providing unparalleled support and protection, proving that no challenge is too big when you have the right insurance partner.

Kurtis ThorntonKurtis Thornton
18:38 16 Jan 22
Very helpful and nice people, a great place to get your insurance needs taken care of.
Christopher LymanChristopher Lyman
14:48 26 Oct 19
Finally, I don't need to ever look for another insurance agent. The Millward Agency handles my personal and business insurance. Always helpful with my questions and quick to respond to my emergencies. The Millward Agency Rocks!
Markusz SudozMarkusz Sudoz
19:03 19 Jul 19
Every time I go to my broker, Ed Caceres @ the Millward Agency, he always finds me the best insurance rates on my real estate properties. Ed is great, always extremely responsive and understanding of the industry. In the past I would go do my own insurance shopping and spend hours on hours to get the best rate, now I do not even bother shopping around I just call Ed and he always has the best pricing. In the beginning I got a quote from Ed then shopped around, now I have learned to not even waste my time. Ed @ Millward Always saves me hundreds of dollars. 110% on customer service, 100% on pricing!!! A+++
Mobility SolutionsMobility Solutions
19:09 25 Jul 18
Everybody!!!!! is Great to work with when ever I need anything which is almost monthly.Linda
carlene klebecarlene klebe
20:01 22 Jun 18
My former insurance agent and friend recommended Ed Caceres of Millward Agency. Within hours of having given Ed a call, I had quotes and was decided to go with his carrier. He was professional and answered all my questions. I’m happy to have done business with Ed and Millward Agency.
John CourtneyJohn Courtney
16:20 11 Jun 18
Business or Personal this is who you want - Personal service from their Team is amazing, treat as though you are their only client.* Business - Review policy/coverage every year. Not limited to one or two insurance providers. Recommend changes, not necessarily to save money (although it is available) provide additional coverage. Three months later our additional coverage cost $150 on a $15000 claim. For years we were not covered! They are not limited to one or two insurance providers as our previous agent.* Personal - couple of claims were handled like we were their only client. They bundled coverage in such a way to save $2100 a year for a family of four and kids in college.***Will continue to recommend to business colleagues, friends and family***
Karen CarterKaren Carter
16:01 08 Jun 18
Our company has been working with Millward Agency for many years.They have been the best insurance company I have ever worked with.The staff is always very informative and very professional. Our insurance needs which include general, auto and worker's comp are very complex. Millward is able to handle and update all of our needs at any time of the year. I really like the fact they get back to you very quickly! They are very knowledgeable and caring we never think of going elsewhere. We will definitely be customers for years to come. Thank you Millward Agency!
Chad StottChad Stott
17:56 07 Jun 18
Wade and the Millward team have been consistently reliable, prompt, knowledgeable and a pleasure to work with. Wade and his crew have guided us through our ever growing needs and we attribute our success to the partnerships we have forged with organizations like The Millward Agency. We look forward to many more years working together.

Get a Quote

Ready to accelerate your business’s security and success? Contact Millward Agency today for a personalized insurance quote. Our team of experts is here to guide you through the process with ease and confidence, ensuring your business is covered, no matter what lies on the road ahead.