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Updated almost 5 years ago, 01/02/2020
Is my insurance sufficient?
I am purchasing a 12 unit building in about a week and wanted to make sure I am making a good choice with my insurance policy. Coverage seems adequate with this policy but I am struggling to fully understand all the different coverages. For example my policy states a $2M coverage for liability and medical expenses but further down states medical coverage at $5k per person. All just seems vague and contradictory. I attached the first page of my quote to show what I am referring to. There are additional pages of the quote but I’m struggling to get my computer to cooperate and don’t want to publicly post personal info. Any other thoughts on the policy are welcome.
-Keith