Low Cost Condo Insurance in Gainesville
What is Condo Insurance?
Condo insurance provides coverage for the inside of your condominium; the external areas fall under the jurisdiction of your condo association and must be covered under the association’s insurance policy. Depending upon the specifics of your condominium association’s master policy, your condo insurance may include coverage for:
You can get the insurance you need for your condo and your valuable possessions by contacting our agency. We will help you compare rates from multiple insurance companies and choose the most suitable coverage for your needs.
What Does Condo Insurance Cover?
Condo insurance policies typically cover what the condo association’s master policy doesn’t cover. A condo association master policy can be of two types:
Your condo insurance policy will cover you for loss or damage to your personal possessions, and provide coverage for personal liability and medical payments. Additionally, it will often cover loss of use in the event that your condominium becomes badly damaged by a fire or storm and you need to live elsewhere during repairs.
Insurance for a particular condo is known as an HO-6 policy. HO-6 policies typically provide you with coverage for a range of causes of loss. You may have to purchase additional coverage for specific items such as artwork, jewelry and other items of value.
To find the most affordable coverage that matches your specific needs, contact our agency today and get the right condo insurance policy to protect your condo investment and personal assets.