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Condo Insurance

Live Confidently in your Condominium with Condo Insurance

Condo insurance policy covers your entire condominium and personal property. It offers protection against risks such as theft, lightening, and fire outbreak. Many people prefer condominium to a rental house, but when these risks find you uninsured, it could be a nightmare. It is better to get one and be prepared in advance since perils are unpredictable.


How it Works and who it is meant for

All condominiums are usually under a condo association, which offers protection for its liability insurance, the condominium building, and communally owned spaces. To protect yourself, your family, and property from risks such as theft, injuries, or water damage, you need to get your own condominium insurance. In case of such a risk, all you have to do is file your statement with the insurance company and you’ll be compensated. If property outside your unit is involved, then you should include the condo association.


Types of Coverage Included

The policy offers personal liability coverage which pays your guests’ medical bills in case they accidentally get injured in your condo. It also includes building property protection which protects your walls and its interior (items like built-in closets, bookcases, and fixtures) from risks such as water damage. Personal property coverage protects your personal items including electrical appliances, clothes, jewelry, and books.

Benefits of having the Insurance Policy

This insurance policy protects you from potential perils which could result you in massive financial losses. Some policies will even offer replacement for your stolen or totally damaged property, taking you back to your original condition before the risk occurred. It restores everything before your family is affected by the loss.

With condo insurance, you will live peacefully, having confidence that your condominium, the items inside, and your guests are completely protected. Don’t depend entirely on the protection offered by the condo association since it does not cover the interior of your condo.






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