If you’re a condominium owner, you may think you have the insurance you need through your master condo policy or condo association insurance. But this the insurance policy, held by the homeowners or condominium association, typically covers only general liability for the association and property damage coverage for common areas.
So what happens if there is damage to the interior of your condo or loss of your personal possessions? That’s where condo insurance comes in.
We’ll find the coverage you need
Condo insurance covers your personal belongings inside your condo unit — from your appliances to your clothing. Without it, you pay lost or damaged possessions out-of-pocket. Condo insurance also covers damage caused by theft, fire, severe wind, lightning strikes, although it usually doesn’t cover flooding.
Condo policies may also include liability coverage, which covers such things as the medical expenses of a guest injured in your condo or damages to another condo property. It also can cover living expenses if damage to your condo unit renders it unlivable.
Condo insurance is a worthwhile investment, considering the costs of replacing your personal belongings out-of-pocket.
We make the process straightforward and simple by helping you understand what your condo association insurance covers and how a condo policy can fill in the gaps.
Contact us today to find the right condo insurance policy for you.