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Apartment insurance usually includes three primary types of coverage:
1. **Personal Property Coverage:** This protects your belongings, such as furniture, electronics, and clothing, from risks like fire, theft, and vandalism. It's important to conduct an inventory of your possessions to determine the level of coverage needed2.
2. **Liability Coverage:** This aspect covers legal expenses and damages if someone is injured in your apartment or you accidentally cause damage to someone else's property. Liability coverage is crucial as it can prevent significant financial loss in the event of an incident3.
3. **Additional Living Expenses (ALE):** If your apartment becomes uninhabitable due to a covered peril, ALE covers the cost of temporary housing and other related expenses. This ensures you won't have to pay out of pocket for hotel stays or dining out while your apartment is being repaired4.