As a condominium owner, you are in the unique situation of having more than one insurance policy needed in order to protect your property. Where someone who owns a single-family home has one homeowner insurance policy, you have a combination between personal condo insurance and community insurance protecting your assets. It is important that these multiple policies overlap to prevent a gap in coverage without duplicating coverage.
Condos are communal groups of dwellings with an association that purchases insurance for the owners of the units. Although the master policy is for all owners, your condominium insurance needs to be individual to protect you from liability risks and to ensure that you are not paying too much.
Deluxe Insurance Group can help get you the coverage you need at an affordable cost.
Request a condominium insurance quote to get the coverage that’s best for you.