There are many different kinds of insurance policies designed for different purposes. Among many insurance types, the common ones include property insurance, liability insurance, personal insurance, auto insurance, health insurance,…
Condo and apartment insurance are property policies. However, they cover varied property aspects. The two kinds of property covered are building and personal property coverage.
While both cover personal property, condominium insurance adds building coverage. It’s important you get the appropriate policy to cover your home. Here’s a list of differences between the two.
Like any industry, various myths surround insurance. Consequently, consumers of home, auto, and business insurance may have misconceptions regarding coverage and policies as well as how this industry operates.
Sometimes people misunderstand insurance because it can be complex. Remember, believing false information can prompt you to purchase unsuitable coverage, and this can be costly.
Therefore, it’s imperative you differentiate between the truth and myths. Here’s a list of myths associated with this industry.
Owning a renters policy is vital if you’re a tenant due to the protection you obtain. In the event that somebody filed a lawsuit against you, accusing you of negligence and causing you injuries, the insurer would represent you and pay out any damages or settlement.
It’s important you ensure that the policy offers coverage for your particular breed or pet. Beware that some insurers exclude pets, while others restrict or exclude coverage for particular breeds. Here’s what you need to know about renters insurance and pet damage.