Hi,
Does your apartment building insurance policy include equipment breakdown?
Do we really need it?
I met an insurance guy in a real estate event who interestingly recommends not including it in most buildings.
He explained it is more needed for different types of businesses like an accountant office, not in apartment buildings. He told me that removing this item can reduce your premium more than other categories in your policy.
Thanks
Does your apartment building insurance policy include equipment breakdown?
Do we really need it?
I met an insurance guy in a real estate event who interestingly recommends not including it in most buildings.
He explained it is more needed for different types of businesses like an accountant office, not in apartment buildings. He told me that removing this item can reduce your premium more than other categories in your policy.
Thanks
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