Condominium insurance provides protection where condo associations do not. Condo and town house coverage protects your possessions within your unit, including furniture, appliances, kitchen and bath facilities and your personal items. If you plan on upgrading your unit, any improvements you make will also be covered under your policy, including wall units, renovations, and wallpaper. Call us for a quote.
Renters' insurance is an important form of coverage that you need if you are renting a house or apartment. This type of policy does not insure the building you live in — your landlord provides that coverage, but insures only the contents of your home, i.e., your personal possessions. Renters' insurance also provides coverage for personal liability relating to injury sustained by any nonresident at your address, including payments for medical expenses. Additional Living Costs can also be covered if you are temporarily unable to live in your rental property because it has been damaged in a fire etc.
If you have homeowners insurance, you may be inclined to think your home is completely covered in the case of a fire. If you're living in your own home it will. BUT, if you're renting out a house, think again. Dwelling fire insurance is specifically designed to protect landlords from losing rental income lost as a result of a fire. In most cases, this coverage will provide you with rental income, allowing you the time and resources to rebuild and rent.