The article provides a general explainer of homeowners’, condo, and renters’ insurance coverage, emphasizing that differences stem from who is responsible for which parts of the property. It notes that homeowners’ insurance is typically the most comprehensive (structure plus personal property and liability), condo insurance primarily covers the unit interior (with the association’s master policy covering shared/exterior areas), and renters’ insurance covers personal property and liability without insuring the building. It concludes that coverage should be updated as living arrangements change to match responsibility boundaries.