Condo Insurance

Condominium insurance is unique. The condo insurance you buy covers your personal property, liability, and those parts of the unit that are your responsibility. It may also be written to protect you from certain assessments levied by the condo association. And you’re covered for costs you incur over normal living expenses if you have to vacate your home.

California – What you need to know about condo insurance

Most Condominium Owners start thinking about coverage when they look at their possessions.  Coverage protects the contents owned by the insured for the events stated in the policy, like fire, smoke or theft, along with other named perils.  But, the Condo Owner also has an ownership interest in items like wall to wall carpeting, cabinets, a furnace and counter tops.  For insurance purposes, these items are considered ‘Building Improvements’ and are acknowledged separately in a policy.

Normally a Condominium Owners Policy will have common limitations for items like Jewelry, Silverware and money.  Often a Condo Owner can expand the coverage to include full value for these types of items.

Protect Yourself and Your Guests

A Condominium insurance protects you and your family against bodily injury, property damage claims, and litigation up to the limits you select. And if a visitor is injured on your property, or by you or a household member, the policy will pay covered medical expenses, up to the limits you select.

Get the Right Amount of Coverage at the Best Price

To figure out the best coverage at the lowest rate, a Condo Owner wants to begin by taking inventory of their contents (or possessions).  Walk around your home, doing some quick calculations about what it might cost to replace things, new for old, and add it all up.  We’ll bet it’s a higher figure than you might have started with!

Once you have that figure, then it’s time to speak with David Sydney Insurance Agency, (us), and start working on any additional coverage that might be needed, and then having us look for the lowest rate for meeting your needs.  We represent more than one company, so be assured we can offer Condominium Owners Coverage that will provide the best price and coverage for you.

Extra Coverage Doesn’t Have to Cost a Lot

Many people supplement their condo insurance coverage with personal umbrella liability insurance for broader protection. And if you have special possessions such as jewelry, art, antiques, or collectibles – ask about scheduled personal property coverage.

Find unique insurance that is right for your condo – Talk with us today to identify the best combination of coverage, value, and price for you. We can help make sure your condo insurance continually meets your needs.