Learn
Concierge Insurance. From Start to Claim.
Be prepared for whatever comes your way. Condo insurance offers protection against fire and smoke damage, weather damage, theft and vandalism. It also covers additions you make to the inside of your residence. Find an affordable plan that can help cover you for liability, as well as pay for damages to your condo or belongings down the road. When an unfortunate event happens, let us help you get back on your feet.
If you own a condo, the building's master policy may not be enough to cover your space or personal belongings. Condo insurance provides protection for your things and the parts of your condo that are your responsibility. We'll be there, along with our superior claims service, in the event of theft, natural disasters and other types of covered damage.
Your condo association's insurance policy isn't enough. It most likely ONLY covers the building you live in. Not the inside of your home or your personal property.
To protect yourselfIf an accident happens in your condo, guess who might be held responsible. Yes. You. Condo insurance offers liability coverage to protect you.
To ensure you have somewhere to liveIf your place gets damaged and you can't live there, a condo policy can help pay for temporary housing.
This one confuses even the best mortgage broker! But truth is almost every condo Assocation has different rules and by laws - therefore we understand!
Since you do not own the actual building, you typically only need to worry about the inside -or sometimes they refer to Studs In. Basically this is a Tenants/Renters policy on steroids!
First start with your stuff - imagine shaking your home upside down and all of your stuff falls out. Who much would it coast to replace all of those things (Clothes, Dishes, Furniture, TVs etc ). That is your Personal Property amount.
Then the tricky part. What does studs in mean? Usually it means that drywall, paint, carpet - all of that permanent stuff that is in-between the studs and your couch.
The absolute best way to make sure you are insuring your condo properly is to look to your Bylaws and see what the Condo Master Policy already covers. You just need to cover the rest.
When in doubt, you can always over insure... but only if you have no other choice. But we are here to help find a better way!
