Whether you are renting, buying, building, or perhaps just looking for a better price on a home insurance policy, it is important to know what is covered.
Protect Your Property
Renters insurance protects your belongings within the home you rent. It also provides liability coverage in case of accidental property damage or personal injury that occurs on the property. Many landlord and leasing offices require their tenants to carry this coverage, and may even have minimum requirements.
Homeowners insurance provides protection for your dwelling, personal property, other structures, as well as liability coverage. There are many facets and coverage limits for homeowners insurance, to include additional riders that can be added to enhance your level of protection.
Additional riders often include:
Scheduled Personal Property coverage
Building Code coverage
Identity Theft coverage
Working through specific coverages and limits with an insurance specialist will ensure you have the protection you need!
Condo insurance is also sometimes referred to as "walls-in" insurance. This ensures you aren't carrying coverage for areas you have no responsibility for. It provides coverages similar to homeowners insurance within the dwelling, but does not provide coverage for the exterior of the structure (where the HOA holds responsibility). This insurance can also be used for some townhome communities, depending on what HOA agreements exist.
Insuring a home you don't live in requires a different type of policy than a standard homeowners. This policy covers the dwelling itself, and any other assets you provide. It also gives the landlord liability coverage in case they are held responsible for injuries that occur on their property.
Many landlords also require the tenant to carry renters insurance, which we are happy to help coordinate.