Apartment Insurance Policy vs. Landlord / Standard Rental Policy

[Tom Dupree]

I'm trying to better understand what makes up an "Apartment Insurance Policy" and how it might be different than a typical insurance policy.

The context was that an investor has a duplex and decided to go with an "Apartment Insurance Policy" because it offered a higher level of coverage.

Would really appreciate if anyone has insight into 1) what exactly is an "Apartment Insurance Policy and 2) why would an investor decide to use one for a small MF (2 - 4 units).

Thanks!

Tom