Condominium Insurance - Provides condo owners with coverage for their personal property, and liability protection in the event that someone is injured while in their
condominium. Also covered would be any additions or alterations for items such as
appliances, fixtures, and alterations. Condominium insurance does not provide coverage for the dwelling. In general, your condominium association will carry insurance to
protect your roof, carpeting, interior walls, etc.

This insurance typically covers the following perils:

1. Fire & Smoke
2. Wind, Rain, Hail
3. Vandalism
4. Theft
5. Water Damage from Plumbing

Exposures typically excluded include:

1. Flood
2. Power Failure
3. Earthquakes
4. Neglect
5. War or Nuclear Hazard
6. Any peril specifically listed in the "Exclusions" section of the policy.

Renters Insurance - Provides those who are tenants of a dwelling, or an apartment with coverage for their personal belongings and liability protection in the event that somebody is injured while in their home. This liability protection includes medical payments and physical damage to property of others. Renter's insurance is similar to a condominium policy in that the same perils referenced above are covered for the property. These perils include fire, smoke, wind, hail, vandalism, theft, and water damage from plumbing.