While your condo association may have an insurance policy, only condominium insurance bridges the coverage gap between your association’s master policy and your property and personal liability. The agents at Upstate will work with you to find the right condo insurance policy that covers:
- Damage to your furniture, clothing, appliances and other personal items
- Your personal belongings, whether in your home or elsewhere
- Common loss assessments made by the condo association for all unit owners
- Your personal liability in the event someone is injured or their property is damaged
Condo insurance provides the following coverage:
Personal property coverage protects your furniture and personal possessions against such hazards as lightning, windstorm, hail, explosion, smoke, fire, collapse or vandalism.
Theft protection protects your property against practically every type of theft loss in your condo and your unattended car, even if there is no evidence of forced entry.
Personal liability coverage protects you in the event you are sued for accidentally hurting others or damaging their property, and helps cover associated legal costs.
Condo additional living expenses pays for all necessary living expenses if your unit is damaged and you have to move out while it is being repaired.
Loss assessment coverage protects against financial loss if the damage to commonly owned property exceeds the amount of coverage in the condo association’s master policy.
Contact an Upstate Agency agent to learn how we can help you find the right condo insurance policy for you.