What most people think of as homeowners insurance really is composed of several categories that include policies intended for:
- owners of single-family residences, including duplexes and triplexes where the property owner occupies one or more dwelling unit (i.e., homeowners policies);
- owners of homes that are not single-family residences, but rather where there are multiple units in a given building, where the building is jointly owned by the owners of individual living units (i.e., condominiums, townhouses, and cooperatives); and,
- tenants policies.
