If you need condo insurance to protect your personal belongings, we are here to provide you with complete and affordable options.
Owning a condo in Florida is a great alternative to a single-family home. While condos are associated with many benefits, they also have their own specific insurance needs. If you need condo insurance to protect your personal belongings, we are here to provide you with complete and affordable options.
Many condo associations have insurance, which is why you may believe that condo insurance is not a necessity. However, the insurance your condominium association possesses likely only covers the actual structure of the building, liability coverage for the association, and any commonly owned property. In most cases, this insurance won’t cover you or your belongings. For example, if someone broke into your condo, water damaged your living room walls and furniture, or someone injured themselves after slipping on your wet kitchen floor, you could be held liable for the expenses associated with these situations without condo insurance.
Typically, your condo association’s coverage stops at the exterior walls of your building. This means that you are responsible for the fixtures of your condo, the interior walls, and your personal property. With condo insurance, you are protected against the effects of fire or lighting, smoke, windstorms, vandalism, theft, or the accidental discharge of water.
If you have any questions about what your condo insurance policy will cover, one of our agents at Wise Insurance Agency, LLC will be more than happy to go over the details of your policy with you. Give us a call today for more information about obtaining coverage for your condo.