Commonly, condominium associations do have a small insurance policy in place but this typically does not include the personal items that you have within your condominium. The insurance that is normally in place covers things like landscaping, condominium buildings, common rooms, and other features that the condominium might have for the owners. Even items such as your appliances, cabinets, flooring, and other foundational items inside your condominium are more than likely not covered from their insurance policy.
Condominiums and houses are fairly similar in the insurance aspect. They both are owned by an individual rather than just being rented from a business or property manager. Make sure that all your items in your home are covered through condominium insurance in the event of a fire or any other uncontrollable incident that may happen. There are many scenarios that can happen that you may cause you to lose your personal items in your condominium. For example, a fire from another condominium owner may burn down your unit. This may result in losing your assets and items within your home.
Do not put off condominium insurance until it’s too late. Contact us and we will get you started with a free quote and help you understand all of the specific liabilities that you need to cover for your condominium. We want nothing more but to win over your business; we strive to offer the best customer service in the area and best rates available. Call us or email us today to get started!