Condo owners have slightly different needs from homeowners or renters. Usually, condo dwellers own their units, which makes them similar in a way to homeowners. However, like renters, condo owners have limited liability with regard to damage to their unit. Condo insurance addresses all of these needs, offering physical damage protection of the unit as well as liability coverage. Most condo associations define everything within the external walls of their unit as the owner’s responsibility, which is a nearly impossible financial burden to shoulder without a condo policy. If you would like to know more about condo insurance and whether you need it, consult our condo insurance articles for insightful tips.
Condo Articles
Property Assessment: Home and Auto Insurance CutsFind out what factors insurance companies may consider a risk. It varies by company, but this list is a good starting point. Don’t be left wondering why you have to pay high prices for your insurance. These factors may be involved. |
What is Condo Insurance?Are you in the market for homeowners insurance but not totally sure what it is? Perhaps it is to your benefit to know such things. |
Are you in the market for homeowners insurance but not totally sure what it is? Perhaps it is to your benefit to know such things.
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