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The Importance of Adding Directors & Officers (D&O) Liability Coverage to Your Master Condo Insurance Policy

Adding Directors & Officers liability coverage to your master condo insurance policy is a wise investment that offers critical protection for both the association and its board members. Regardless of the number of units in your condo association, the risks associated with managing the community make D&O coverage indispensable. By ensuring this coverage is in place, condo associations can safeguard their leadership, encourage active participation, and mitigate the financial impact of potential lawsuits.

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The Benefits of Scheduling Valuable Items in Your Insurance Policy

Scheduling valuable items in your insurance policy is a prudent step to ensure they are fully protected. By understanding the differences between agreed value, scheduling, and blanket coverages, you can make informed decisions that best suit your needs. Whether it’s the assured value of an agreed value policy or the simplicity of blanket coverage, choosing the right protection for your valuables will provide peace of mind and financial security.

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Why Landlords Should Require Tenants to Purchase Renters Insurance

Mandating renters insurance is a proactive step that benefits both landlords and tenants. It offers financial protection, promotes responsibility, and helps maintain a harmonious rental community. At Risman Insurance Agencies, we are here to assist you and your tenants in finding the right coverage to meet your needs. Contact us today to learn more about our renters insurance options.

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