Why Do I Need Condo Insurance?

You may not think your condo needs to be insured because it belongs to a homeowners association (HOA), and that organization should already have enough money in its reserve funds to pay for major damages that occur at the complex. But the truth is that your HOA more than likely only covers a portion of your actual living space.

The common areas and landscaping at your complex are typically covered by an insurance policy provided by the HOA, but that coverage might not include any damage to your personal property, such as a car, your appliances, or the inside of your unit.

If you suffer from a fire, theft, or similar disasters, your possessions might not be protected. This might also include any decor or additions you’ve added to your condo since moving in.

We’re ready and waiting to help you make sure you’re protected against anything that happens, and we can help you get the most out of a new condo insurance policy. Click the link below and let’s discuss your choices.