If you rent your own apartment, it’s highly recommended that you have property insurance as well as liability insurance. The property insurance is for your personal property within the apartment that you’re renting, your clothes, your furniture, anything of value. Liability insurance protects you if you’re a renter and you have a visitor come over. … Continue reading “I Rent My Apartment. Do I Need My Own Insurance?”

Liability insurance is insurance for policy holders when someone else, a third party, is making a claim against you for property damage or bodily injury, that’s where liability insurance comes in. Property damage insurance is strictly for what they call fortuitous or sudden and accidental damages that happen to your property. If you have hurricane … Continue reading “The Difference Between Liability & Property Damage Insurance”

Renters insurance is usually going to offer you the most basic limits when it comes to protecting your personal property, $10,000 $20,000. Let’s face it, most of us have some very nice things and these very nice things are not going to be covered by the $10,000 or $20,000 limit. They add up very quickly. … Continue reading “Are all renter’s insurance policies the same?”

It’s very important if you are renting an apartment or condo or even a single-family home to have renter’s insurance. If you live in an apartment complex, sometimes the property management company there will require you to have insurance. But when there’s some people who are renting condos from a landlord or even a single-family … Continue reading “As a renter, do I need property and liability insurance?”

For renters, many landlords in the lease will require that you have liability insurance. So, liabilities the same thing that we’ve been discussing, in the previous videos, things could happen in your business space. You have a slip and fall and you have insurance that protects the landlord and you. The landlord wants to have … Continue reading “What is the difference between liability and property damage for renters?”

Yes, the landlord is going to have their own master policy that covers them for the property damage to the structure. You may be able to claim on the landlord’s policy but at the same time, you don’t know what the landlord’s policy says, or maybe the landlord’s policy is limited and has exclusions for … Continue reading “Do I need insurance when renting a commercial space?”