THE MARKETPLACE

Homeowners
Tenants
Condominium Owners
Island Marine: Scheduled Personal Property
Umbrella

HOMEOWNERS:

A policy created to provide liability protection as well as protection against perils to your dwelling and personal property.

TENANTS:

A policy created to provide personal property protection and liability coverage for a renter living in a cooperative, condominium or apartment complex.

CONDOMINIUM OWNERS:

A policy created for an owner occupied condominium to provide liability, personal property protection and coverage of your unit. Common areas are not included in this coverage.

ISLAND MARINE:

This policy allows you to schedule your valuable jewelry, silverware, computer equipment, sporting equipment, etc. by separately listing each item and providing an appraisal. Thus, in the event of loss, replacement value of those items will be provided. An additional premium is required on this option.

UMBRELLA:

This policy allows for liability protection over your policy limits of liability. An umbrella can protect over both automobile and homeowner's policies simultaneously.

IN OTHER WORDS:

PERSONAL PROPERTY:

Classified as your personal possessions including furniture, electronic equipment, clothing and jewelry. Please note that there is a cap on jewelry, artwork, antiques, etc. Scheduling is available for full replacement value.

REPLACEMENT COST:

The cost to replace your property not including a depreciation.

IMPROVEMENTS AND BETTERMENT'S:

Classified as that amount which you have used to better and improve your premises at your own expense.