Insurance for Condo Owners

Condo Insurance is essential for owners to protect their investment.

Condo Insurance (H06) gives owners protection from anything that happens inside the property as well as in the event an unfortunate accident occurs on their property. While owners are not responsible for any outdoor or common areas, they do need to be protected in the case of theft or damage to the unit itself. Be sure to discuss Condo Insurance with clients who enjoy this lifestyle. 

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Condo Insurance vs. Homeowners

Homeowners are responsible not only for their home but also their yard and all the land to which they have a deed. Condominium owners are only responsible for the inside of their unit. Anything that might happen to the building exterior, common areas, or outdoor spaces are covered by the condo association's insurance.