I have a condominium - What should I consider?
Owning a condominium puts you in a unique position. Unique because you have both common and individual insurance needs. Odds are, your condominium association has an insurance policy for common areas, like the building exterior and walkways. You're still responsible for insuring your interests such as your personal property, yourself from liability and your guest's medical protection.
Some things to consider...
Your Association
How do I know how much coverage my association carries?
Are there parts of the building or property they don't insure?
What are my insurance responsibilities?
Your Home
How much would it cost to repair the inside of my home if it were damaged?
How can I make my home safer and possibly save money?
Your Property
What would it cost to replace the contents of my home?
Do I have an inventory and photographs of my personal possessions?
You and Your Guests
What kind of protection do I have against liability claims?
Will my guests' medical
expenses be covered if they're accidentally injured on my property?
Your Coverages
What additional protection can I get for special assessments?
What additional protection can I purchase for my personal property such as: jewelry, electronic equipment, cellular phones and other special items?
How often should I reevaluate my coverages?
Should I get flood insurance?
How much should my deductible be?
Can I save money if I have my auto insurance at the same agency that I have my home insurance?
Do I need or have reimbursement for additional living expenses if I can't live in my home due to a covered loss?
I'm getting married, can I get additional protection to cover wedding presents and other personal property I receive?
Enjoy peace of mind knowing your unique insurance needs are understood. Discover what discounts are available for condo owners and how you can get a quote. Can I save money if I have my auto insurance at the same agency that I have my condo insurance? Make sure you understand your coverage options or have your agent explain them to you. Now is the time to review your coverages - not after a loss!
