Condo Insurance
The master condo policy typically protects only the shell of your unit, leaving your personal property and the unit’s interior at risk. We’ll make sure you understand your bylaws and have the protection you need.
What does condo insurance cover?
Your condo association’s insurance policy may cover your condo unit, but not any improvements you make or fixtures you add to the condo, or your personal possessions. Condo insurance is designed to make up for this shortfall.
Condo insurance covers your personal belongings – everything from your appliances to your clothes will be covered in the event of a loss. It also covers damage caused by theft, fire, severe wind, lightning strikes or frozen pipes. It does not, however, usually cover flooding.
Liability Coverage Options
In addition to property coverage, condo policies may also include liability coverage. For example, if a guest is injured in your condo, it will pay for their medical expenses. It can also cover you in the case of a lawsuit if you are responsible for damages to another condo property. Living expenses may also be covered if there is damage to your condo unit that renders it unlivable.
We make the process straightforward and simple, going over what your condo association doesn’t cover and how your policy can fill in the gaps.