Have you recently found the perfect condo? Did you downsize from a house and now wonder what changes you need in your homeowners insurance? The insurance experts at DeSimone Insurance Group can help. We understand the importance of the right home insurance, and we can help you understand the difference between insuring a house and insuring a condo. As an independent agency, we’re equipped with relationships to multiple top insurance carriers, so we can also shop around for you.
Unlike traditional homeowners insurance, condo insurance doesn’t need to cover the structure in which your home is located. Instead, condo insurance covers your home from the drywall in. Like most types of insurance, condominium insurance can be customized to accommodate your specific risks as well as the requirements of your condo association. Like traditional home insurance, it generally includes personal liability coverage as well as belongings insurance and additional living expenses to provide housing if a covered event leaves your condo uninhabitable.
Many condo owners struggle to understand what is and is not included in standard condo insurance. This list may help:
- Custom cabinetry
- Curtains and other window coverings
- Carpet, rugs and other floor treatments over finished floors
- Personal belongings
- Other improvements to the property
Not Necessarily Covered
- Common areas in your building
- Foundation and structural issues
Some condo associations require residents to carry liability insurance that will cover damages to common areas. If you have questions about what you need in order to comply with your HOA agreement, the experienced agents at DeSimone Insurance Group will be happy to help.
Don’t assume you have the right homeowners coverage for your condo. With a policy review from DeSimone Insurance Group, you can rest assured that you have the condo insurance you need. Contact us now for a free quote, or call to set an appointment with your friendly local insurance agent.