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Tag: Homeowners Insurance

Condominium Insurance: Dislike

Yes, condo insurance is not my favorite home insurance coverage, I admit it.  It’s the coverage most likely to leave my customers underinsured.   Why?  Read on... Condo insurance, when purchased by the condo unit owner requires some effort on the part of the unit owner to review the condo association documents to determine what part of the building/property they should insure.  Sometimes owners are required...

Why Don’t You Have Renters Insurance?

Statistics tell us that about 33% of Americans rent a house, condo, or apartment. Of those 33%, or 35 million Americans, only somewhere between 20% and 30% have renters insurance. Why? Keith Beausoleil, owner of Fortified Insurance Agency in Manchester NH suggests the following reasons: 1. Renters don’t believe they have enough personal property to insure 2. Renters underestimate the value of their personal property...