Insuring a commercial building can be difficult. Today I’ll go through a few items that’ll make it a little bit easier for you. The first thing we need to know is what kind of building did you buy? Is it an apartment building? Is it an office complex? Is it a restaurant? Some buildings combine a little bit of everything; those are known as mixed-use buildings. So we’ll need to know what kind of building you bought and what the occupancies are going to be.
Full Coverage Auto Insurance
How Do I Get Homeowner’s Insurance?
How do I get homeowners insurance? How do I go about doing that? What do I need to provide to the agent and how do they get a quote and set up coverage for me?
Call an agent. We don’t recommend trying to get insurance online or through an 800 number. With homeowner’s insurance that system has not been perfected yet. Using an agent who is going to act in your best interest is going to be your best bet.
Do I need Separate Jewelry Insurance?
Today’s video is jewelry coverage. Jewelry coverage is covered underneath your homeowner’s policy, renter’s, or condo policy, but there’s very limited coverage for jewelry under those policies.
Typically a homeowner’s policy will cover $1,000 or maybe $2,500 per item, and usually there’s a maximum of $5,000 total coverage. That’s very common under a homeowner’s, condo, or renter’s policy.
What is Personal Liability Insurance?
Personal liability – What is it and what does it do for me? Well, personal liability insurance most likely is attached to your home, condo, or renter’s policy if you carry personal liability.
It covers you on and off premises at your home. It will protect you in case a lawsuit or a claim is brought against you where you are responsible for the injuries to other people. And that is what your liability is really set up to do. It is to protect you in case you get sued, in case somebody else gets injured and brings a claim or a suit against you.
