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Case Study: A Master Policy, Lower Costs, Less Hassle

Quick Summary

A multifamily owner consolidated four properties (175 units) into a master insurance policy that improves coverage and drops costs to ~$500 per unit—saving tens of thousands of dollars and simplifying administration.

The Situation

Our client had four apartment properties on separate policies, which meant dealing with insurance renewals multiple times each year. Two policies (120 units) were renewing with the larger property having recently moved to the E&S market—a pricier specialty market—so its per-unit premium spiked. The client also wanted insurance to be easier to manage.

What We Did

• Combined coverage: Rolled all four properties (175 units) into a master policy.
• Met lender needs: Structured the program based on Fannie Mae requirements.
• Improved protection: Upgraded coverage rather than trimming important features.

The Results

• Lower cost: New premium of about $500 per unit.
• Meaningful savings: Tens of thousands of dollars versus renewing separately.
• Less hassle: One renewal date with consistent terms across the portfolio.

Why It Matters

For many multifamily owners, a master policy can:

• Reduce per-unit premiums
• Keep coverage aligned with lender requirements
• Cut administrative time and confusion

Summary & Next Steps

By consolidating into a master policy, our client lowered costs, upgraded coverage, and simplified operations.

If you’re juggling multiple policies or seeing E&S-driven price jumps, Aline Capital’s Commercial Insurance Advisory Division can discuss a master policy with you to help lower costs—without sacrificing protection.