What does a condo insurance policy cover?
As a condo owner, you may already have condo association insurance. This type of policy covers damage to the building around your unit, common areas, and the like. However, it does not cover cover theft of personal property, interior water damage or injury-related claims. In simple terms, condo insurance generally covers from “the walls in” while your condo association policy covers the exterior and common areas.
A standard condo insurance policy typically covers:
- Personal property*
- Water damage*
- Condo interior fixtures and improvements*
- Loss assessment*
At AIS, we seek out the policy that best matches your budget and needs to save you time and money. Start your free online quote today.
*Coverages vary based on your policy's limits. Check with your insurance provider to confirm the terms of your policy and determine if you need additional coverage.