Homeowners Insurance
Covers residential properties from damage due to fire, storms, theft, and more. Most policies include:
- Dwelling coverage (repairs or rebuilds the home structure)
- Personal property coverage (furniture, electronics, appliances, etc.)
- Liability protection (covers injuries to visitors)
- Loss of use coverage (covers temporary living expenses if your home is uninhabitable)
Renters Insurance
Landlords’ insurance does not cover tenants’ belongings, making renters insurance essential.
Landlord Insurance
Protects rental property owners against damage to the structure, liability claims, and loss of rental income if the property becomes uninhabitable.
Commercial Property Insurance
Covers business properties such as offices, warehouses, and retail stores. It includes:
- Building and structure coverage
- Inventory and equipment protection
- Business interruption insurance (helps cover lost income during repairs)
5. Condo Insurance (HO-6 Insurance)
Designed for condominium owners, covering personal property, interior structures, and liability. The condo association typically covers the building’s exterior and shared spaces.
Flood Insurance
- Covers flood-related damage, which is not included in standard homeowners policies.
- Required for properties in high-risk flood zones.
Earthquake Insurance
- Covers damage caused by earthquakes, which standard property insurance does not cover.
- Recommended for homeowners in earthquake-prone areas