We have changed our privacy policy. In addition, we use cookies on our website for various purposes. By continuing on our website, you consent to our use of cookies. You can learn about our practices by reading our privacy policy.


Cooperative Insurance - Co-Op Insurance

Categories: Insurance

This kind of insurance is usually purchased by a group of people living in a co-op apartment building. The policy covers basically anything that could possibly go wrong within the apartments themselves that isn’t covered by the building’s insurance. So this protects you if you get robbed or start a fire making pizza rolls...but not if a tsunami takes out the whole building.

Find other enlightening terms in Shmoop Finance Genius Bar(f)