Renters and Condo Insurance

People that live in apartments or condominiums often overlook buying insurance to protect their personal property and liability. A renters insurance or condominium unit owners policy is a smaller and less expensive version of a homeowners insurance policy with many important coverages includes for a very small premium. If you were to have a fire in your apartment or condo the landlord has insurance to replace the building and loss of rental income because they have now lost you as a tenant. There is usually no insurance coverage on the the building owners policy for your furniture, appliances, clothing or other personal property you own. Their policy also does not pay for you to live somewhere else while the building is being repaired or while you are looking for another apartment or condo. Buying your own policy is very inexpensive and covers your personal property, personal liability, and loss of use. For a coverage review and quote Renters or Condominium Unit Owners coverage please call us during normal business hours at 401-381-1350.