| Getting a condo homeowners insurance quote can | | | | Your condo association policy does not cover... |
| be confusing. The condo association already has | | | | * Your personal property - appliances, electronics, |
| insurance on the property, but what does it cover | | | | furniture, clothing, etc. |
| and what additional coverage do you need? | | | | * Liability for someone injured within your condo |
| Does a condo owner really need to pay the cost | | | | * Property damage inside your condo |
| of a separate condo homeowners policy? | | | | * The value of improvements, additions, or |
| Absolutely! | | | | alterations you've made to your condo |
| What Does the Condo Association Insurance | | | | In order to cover these items, you need a condo |
| Policy Cover? | | | | homeowners policy. |
| Why do condominium owners need a separate | | | | Finding a Low Cost Condo Homeowners Insurance |
| policy? The answer lies in understanding what | | | | Policy |
| coverage the association policy offers. | | | | The easiest way to find a low cost condo |
| Of course, every association policy is different | | | | homeowners policy is to go to an insurance |
| and you should read your association policy in | | | | comparison website. On this website, you fill out a |
| order to know exactly what is covered. In | | | | form with information about yourself, your condo, |
| general, an association policy provides coverage | | | | and the amount of coverage you want. |
| for common structures (such as gazebos or a | | | | Once you submit this form, you'll begin to receive |
| community building), and for the condo structure | | | | quotes from multiple A-rated insurance companies |
| itself, including walls, roofs, floors, and elevators. | | | | competing for your business. Then all you do is |
| Some association plans may also insure items in | | | | compare those quotes and choose the best one. |
| your unit such as cabinets and carpet. In addition, | | | | On the best comparison sites, you can even talk |
| the association policy provides liability coverage | | | | online with insurance professionals throughout this |
| for people injured on the condo grounds. | | | | process, so you can get answers to any |
| What Does the Condo Association Insurance | | | | questions that come up. |
| Policy NOT Cover? | | | | |