Identity theft, lock replacement, food spoilage and other coverages can also be included. Exactly what is covered in your policy will depend on your insurance company and coverage options. A good personal insurance broker can help you understand your insurance and determine what is essential coverage for you.
If you own a condo or a rental unit, your insurance is similar – the main difference is that the structure of your home isn’t covered (since a condo master policy or your landlord’s insurance would protect that part). This is affordable insurance and it is essential as a master condo policy or a landlord’s insurance would not cover your liability, additional living expenses, or damage to your stuff.