Condominium insurance is designed specifically for condo or co-op owners
Your condominium "association insurance" covers the condominium building, commonly owned property, and liability insurance for the association.
There are many cases where a condo insurance policy will not cover you or your things like a break in, water damage to your living room walls or other interior damage. Condo libility covers personal injury, for example, slipping/falling on your wet kitchen floor.
In most cases the association's coverage stops after the exterior walls meaning that you are responsible for the interior walls and possibly for fixtures, as well as your personal property and liability. This is where your own personal condo policy would come in. Most policies will include coverage for losses arising from:
- Fire or Lightning
- Vandalism or Malicious Mischief
- Accidental Discharge of Water
Choosing Condo insurance means flexibility in a single policy. One that can provide all the coverage you require. Condos are a great alternative to renting an apartment or owning a single family home. They have their own unique insurance needs.
Condominium policies protect your personal property and the interior of your unit. You will also have liability protection for bodily injury or property damage to others.
Your insurance policy should be reviewed annually to guarantee that the coverage meets your needs.
We have the experience and expertise to analyze and recommend the correct Florida property insurance coverage you need.