Why Do You Need Homeowner’s Insurance?

The biggest single investment most people make in their lifetime is buying a home, condominium or townhouse. What you want to do is protect your home, personal property and any type of liability with a homeowner’s insurance policy.

Homeowner’s insurance just does not cover homes, but it will cover those who rent homes, apartments, condos, and townhouses. These homeowner’s policy are referred to at renter’s homeowner policies. If you are a renter, you will not need protection against damage to the building itself, but you will need protection against damage or theft of your personal property and any type of liability just in case someone falls or gets hurts on the part of the premises that you rent.

A condominium or townhouse owner may also purchase a homeowner’s policy to insure against loss of personal property. The condominium and townhouse owners also are responsible for the inside of the condominium or townhouse. You are not responsibl

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How the Renter or Homeowner Can Thwart a Thief

If you rent an apartment, your chances of being victimized by a thief are arguably greater than a private homeowner because of the relative ease of access into the building. But make no mistake about it. The risks that homeowners confront are monumental as well.

Thieves can try to enter your rented or owned property in the event you are in or not. Of course, it’s all the easier if you are away on vacation.

This article first focuses on methods the renter can take to prevent becoming victimized.

How a Renter Can Avoid a Break-In:

1. Ask your insurance agent what type of renters insurance makes the most sense for you so that you will be adequately protected from any theft loss or associated damages.

2. Know who your neighbors and landlord are in order to be able to recognize who does not belong in the building.

3. Ask your landlord if its OK to place extra locks on your door as an added measure of security against an illegal en

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Tenant-Occupied Home Insurance – Must Read for Landlords!

The best referral any insurance agency can ask for is its track record.

Laizer Schonbrun, insurance agent par excellence, works for one of the fastest growing agencies in the United States. He relates the following success story in regard to a tenant occupied account.

“I really felt bad for the owner of a tenant occupied home. He called us on a whim and complained about how his bank had forced a specific insurance policy on him. Not only did the coverage seem inappropriate, but the associated premium was very high.
“As always, I was there to help anyway I could. I got to work scouting my agency’s network of underwriters and in less than a day, I found more coverage that was more apropos at an extremely competitive quote which I bound. Thereafter, I forwarded the new insurance information on to the bank.

“In my day to day experience, this was just another insurance success! For the new client, it was a day that spelled relief and a m

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