As part of its management services, Campus Advantage wants to help our clients with the opportunity to enroll in a proprietary master insurance program. Student housing can be viewed as an unusual or undesirable risk by insurance companies, making it difficult for some property owners to secure competitive, comprehensive coverage. By taking advantage of the Campus Advantage program, clients benefit from rates and coverage driven by the scale and specialization leveraged in Campus Advantage’s portfolio.
Program
Benefits
- A-rated carriers that specialize in student housing
- Pre-set replacement costs with no coinsurance penalty
Property Coverage Includes:
- Access to improved pricing and risk
- Profile for all of your real estate portfolio
- No coinsurance clause
- Business interruption, including loss of rents
- 365-day extended period of indemnity as
respects business interruption - Earthquake, flood, and windstorm
- Equipment breakdown
- Debris removal coverage — 25% of the sum of
the amount paid for covered property loss - Demolition and increased cost of construction
- Pollution coverage available