Homeowners & Renters Insurance
CONDOMINIUM
The major branches of protection under this policy include personal property, personal liability, and theft. Personal Property typically covers personal property including the contents of your condo and other personal items owned by you or family members who live with you. This protection can be based on actual cash value or replacement cost.
Condo insurance policies may provide limited coverage for small boats; however, most Condo insurance policies do not cover motorized vehicles unless they are unlicensed and used only at your home. Some items may have coverage limits such as firearms, artwork, business property, electronic data, jewelry, and money. Extra coverage is usually available by adding endorsements to your policy.
Personal Liability section provides personal liability coverage against a claim or lawsuit resulting from bodily injury or property damage to others caused by an accident on your property or as a result of your personal activities anywhere. This coverage does not provide protection for auto and business related incidents. This coverage protects you and all family members who live with you. Theft covers higher priced items such as firearms, jewelry, silverware, money, and electronic equipment up to a specified amount within the policy.
RENTERS INSURANCE
Package of property and liability coverage’s designed to protect apartment or dwelling renters. Although renters do not own the building, physical damage losses could occur to owned contents, and liability coverage is needed for personal and premises exposures. It is a self-contained package with endorsements available to add or increase coverage’s, much the same as a homeowner’s policy.
Standard Features
Property Protection:
- Fire, explosions, and Smoke
- Storms- lightning, hail, and wind
- Vandalism or malicious mischief
- Building glass breakage
- Theft
- Weight of ice, snow, and sleet
- Damage from frozen plumbing
- Liability Protection
- Medical
- Legal Expenses