American Strategic Insurance offers builder's risk, commercial, condominium owners, flood and homeowners insurance, according to American Strategic Insurance. The company also offers investment, renters, seasonal and umbrella policies as of 2015. The types of policies available vary from state to state.
Homeowners insurance policies cover owner-occupied homes when theft, fire and lightning strikes occur. The policy covers the value of replacing the home and its contents, and it pays medical expenses for persons injured on the property, according to American Strategic Insurance. Umbrella policies provide increased insurance protection of up to $2 million beyond the homeowners insurance policy limits. Umbrella coverage includes paying attorney fees and other related expenses when the insured faces litigation.