When you own a condo you are responsible for what’s inside, not your condo association. Make sure you are covered. Generally, the associations only cover the outside of the building, the unit, common areas, and any fixtures to your condo. With condo insurance policies, Advantage America Insurance Services can help protect your possessions.
Condo insurance provides coverage for your personal property and much more. For a few more dollars, you can elect to carry full value personal property which ensures that you are reimbursed full replacement value without regards for depreciation after a covered loss.
If you have upgraded cabinets or put in a hardwood floor, condo building item coverage protects these investments. Be sure to consult your HOA agreement to determine what the Association policy covers and what you are responsible for. If common areas are damaged, your condo association may levy assessments against all the owners to pay the deductible on their association policy.
Optional loss assessment coverage is also available to protect you against certain assessments that may be levied by the association. You would be compensated for an additional living expense incurred should you need to vacate your condo after a covered loss.
Protect Yourself and Your Guests
Your condo insurance policy protects you and your family members against bodily injury and property damage liability you select. In addition, you can select medical payments coverage which will pay medical expenses incurred by a visitor who is injured at your residence regardless of fault. Various limits are available.
Advantage America Insurance partners with many insurance companies that offer complete your condo insurance. We can identify the best combination of coverage, value, and price for you. Contact us today to find out how we can help you meet your needs.
Condominium coverage available:
- Owner Occupied
- Tenant Occupied