Even though your condo likely carries a master insurance policy to cover the building, you may want a separate policy to protect your individual interests. Condo insurance provides coverage for:
Improvements you make to your unit, which are not covered by your association agreement
Structures you own
Unexpected association loss assessments
Personal Liability
Legal defense costs from lawsuits
Personal property you own
As a condo owner, you share responsibility for certain community resources and, therefore, may be asked to pay for repairs or lawsuits not covered by the association’s master insurance policy. A condo insurance policy can shield you from those potential costs; policies include loss assessment coverage for up to $1,000. For an additional premium, we can arrange a higher loss assessment limit to meet your needs.
Click here for more detailed information about our Home Insurance plans
or call 1-888-649-8766 and mention code B7A.
