Condo-living is different enough from living in an apartment or a house that you must consider securing a specialized insurance policy just for your condo, and it may not be as complicated as you imagine. Your condo community already offers coverage, so what we, at Abe GT & Associates, do is we extend your coverage. Here are just a few considerations.
- It can offer basic liability coverage
- It can protect you against injury and damage to your property
- It can replace your personal belongings
It’s different from renters insurance because it covers interior damage. So you can fix or replace drywall, light fixtures or flooring. Condo insurance can cover your living expenses while you’re not able to live in your condo due to an event that is covered by your condo insurance. A condo is a great alternative compared with other living situations, but that also means that you need a different insurance policy. Condo insurance is designed to be the solution you need to protect you and your property in a condo living space.