MSI rolls out new liability coverage for habitational properties
From Yahoo Finance: 2025-04-25 10:00:00
MSI, a managing general agency in the US, has launched commercial general liability (CGL) insurance for habitational properties, offering coverage for residential dwellings like apartments, condos, and townhomes. The policy includes coverage limits of $1m per occurrence and a $2m aggregate to protect property owners from financial risks due to bodily injury and property damage.
MSI’s CGL solution addresses increasing claims costs and evolving litigation trends for habitational property owners, providing robust coverage to navigate an unpredictable market. The A.M. Best A+ rated insurance company supports the product, offering confidence and protection for investments in the face of tightening capacity and challenges in the industry.
MSI, a subsidiary of the Baldwin Insurance Group, offers over 20 insurance products and solutions across personal, commercial, and professional lines, focusing on delivering reliable coverage to help customers manage risks with confidence. The new CGL insurance for habitational properties reflects MSI’s commitment to building insurance better and providing impactful protection for its clients in an ever-changing market.
Read more at Yahoo Finance: MSI rolls out new liability coverage for habitational properties