What are the main types of property insurance?

The main types of property insurance encompass policies that specifically cover various types of physical properties, protecting them against loss or damage. Homeowners insurance provides coverage for private residences, including structures and personal belongings, as well as liability protection. Renters insurance offers similar protection for individuals who rent their homes, covering personal property within a rented space without insuring the building itself. Commercial property insurance is designed for businesses, providing coverage for their buildings and their contents. Condominium insurance caters specifically to condo owners, covering personal property and sometimes parts of the building.

The other options focus on different categories of insurance. While health, life, auto, and travel insurance are crucial forms of coverage, they do not pertain directly to property insurance. Liability, malpractice, critical illness, and business interruption insurance are primarily concerned with different aspects of risk management and legal responsibilities rather than the protection of physical property. Lastly, theft, flood, fire, and equipment breakdown insurance represent specific perils that might be covered within broader property insurance policies but do not define the key types of property insurance themselves.