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When I suggested that wasn't much of an enticement, the case manager tossed in accidental damage coverage as well.
That's how Boatsetter provides $1 million in liability coverage, $2 million in boat damage coverage, plus additional umbrella coverage to make renters feel safe.
AppleCare+ extends coverage for iPhones to two years from its purchase date and up to two incidents of accidental damage coverage.
Property damage coverage.
Plus, the state mandates a minimum of $5,000 property damage coverage.
But the ensuing brouhaha overshadowed the asymmetric nature of the energy development insurance market -- where lessors and lessees have damage coverage options unavailable to others.
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Farmers Insurance, for instance, has said that it will stop selling new homeowner's policies that include water-damage coverage.
The yearly premium for punitive-damage coverage starts at about $1,500, Mr. Eveleigh said, depending on the deductible and the amount of liability coverage.
Michael Spain, who owns the Spain Agency in Mahopac, N.Y., noted an advantage to having renter's insurance: a policy with just $25,000 in property-damage coverage will also provide a minimum of $100,000 in personal liability coverage if someone is injured by the insured.
Arthur I. Weinstein, a Manhattan lawyer and the vice president of the Council of New York Cooperatives and Condominiums, said that if a co-op determined that punitive-damage coverage from an offshore company was "affordable and enforceable," the board should consider it.
In November 2012 the California Public Utilities Commission issued $20,000 fines against Lyft, SideCar and Uber for "operating as passenger carriers without evidence of public liability and property damage insurance coverage" and "engaging employee-drivers without evidence of workers' compensation insurance".
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