Real estate & Property Management
Real Estate Owners
At Navigator Risk Management, we understand the unique challenges faced by the real estate industry. Whether you are managing a residential complex, a commercial property, or a mixed-use development, our Property Compass Report and risk management solutions are tailored to meet your specific needs. We help you navigate the complexities of insurance to ensure you receive the best coverage at the most competitive rates.
Property Compass for Real Estate
Our Property Compass program is designed to guide your real estate investments towards optimal insurance coverage. We start by reviewing your current policies and procedures to understand your existing coverage. During the introductory phase, we conduct a thorough property survey, including drone footage and engineering reports, to assess the condition of your property. This data is compiled into a single report, which is reviewed with you and your board.
Full Engineering Assessment
Our full engineering assessment delves deep into every aspect of your building, including electrical systems, structural integrity, and mechanical components. This detailed evaluation helps identify potential vulnerabilities or areas requiring maintenance, ensuring your property is in optimal condition. By addressing these issues proactively, we can help reduce your insurance premiums and enhance your building’s overall risk profile.
Roof Study
Another component of our Property Compass Report is the Roof Study. This is an in-depth evaluation of your building’s roof, assessing its current condition and identifying necessary repairs or replacements, and determining its effectiveness in protecting the property from weather-related damage. A well-maintained roof is essential for reducing risks and securing favorable insurance terms.
Insurance Premium Reduction
Our Property Insurance Coverage Assessment is designed to significantly reduce your insurance premiums. By identifying and mitigating high-risk components through our thorough engineering assessment and roof study, we enable underwriters to apply applicable discounts. This proactive approach ensures that you receive optimal coverage at reduced costs, enhancing your property’s financial performance.