Axios Risk Solutions

​​​​​​​​Homeowner's Insurance

Protects individuals who own their home against losses from events like fire, theft, vandalism, and certain natural disasters. It typically covers the structure, personal belongings, liability, and additional living expenses if the home becomes uninhabitable.

• Trigger Scenario:  E.g. A tree falls on your roof during a storm—homeowner’s insurance helps pay for repairs and temporary housing if needed.

 

 

Renter's Insurance

Designed for tenants, this covers personal property inside a rented space and provides liability protection. It does not cover the building itself—that’s the landlord’s responsibility.

• Trigger Scenario:  E.g. Your laptop is stolen during a break-in—renter’s insurance reimburses you.

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Condo Insurance

Covers the interior of a condo unit (walls-in), personal property, and liability. The condo association’s master policy covers common areas and the building’s exterior.

•  Trigger Scenario:  E.g. A kitchen fire damages your cabinets—your condo insurance pays for repairs.

 

 

​​​​​Co-Op Insurance

This is similar to condo insurance but tailored for co-operative housing, where residents own shares in a corporation rather than the unit itself. It protects personal property, liability, and improvements made to the unit.

•  Trigger Scenario:  E.g.  A guest slips in your unit and sues—you’re covered for legal costs.

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Rental Property Insurance

Also known as landlord insurance, this protects property owners who rent out homes or units. It covers the structure, liability, and loss of rental income due to covered events.

•  Trigger Scenario:  E.g. A pipe bursts and floods the unit—this insurance pays for repairs and lost rent while it’s vacant.

 

 

Parametric Insurance

A non-traditional insurance model that pays out based on predefined parameters (like wind speed or earthquake magnitude) rather than actual damage assessment. It’s fast, transparent, and often used for natural disaster coverage.

•  Trigger Scenario:  E.g. A hurricane hits with winds over 100 mph—your policy pays automatically, even before damage is inspected.

 

 

​​​Excess Umbrella Insurance

Provides additional liability coverage beyond the limits of standard policies (like auto or homeowner’s insurance). It kicks in when those policies are exhausted, offering broader protection against lawsuits or major claims.

• Trigger Scenario:  E.g. You’re sued for $1 million after a car accident—your auto policy covers $300K, and umbrella insurance covers the rest.

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​​​​​Protect your investments prior to a loss. Call us (404) 480-0272

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