Condo Insurance
Need condo insurance?
We do that too.
Condos offer a unique living experience distinct from traditional homes—they're not just a residence, but a vibrant community that requires special coverages as exceptional as the home you’ve made. Condo Insurance can be complex, so while it's important to check with what's stated in your HOA guidelines, here’s a detailed look at what condo unit-owners insurance coverage typically includes:
Dwelling Coverage
Protects the interior of your condo unit, including damage to walls, floor coverings, ceilings, and any improvements or upgrades you’ve made. It covers damage caused by perils such as fire, wind, vandalism, and more.
Some of these items may also be covered under your condo association’s master policy, depending on the type of coverage the association has purchased.
Personal Property Coverage
Covers your personal belongings, such as furniture, electronics, clothing, and valuables. In the event of theft, fire, or other covered incidents, this coverage ensures you can replace your items.
Liability Protection
Provides financial protection if someone is injured while in your condo unit and you're found responsible. It covers legal expenses, medical bills, and any settlements or judgments that may arise from a lawsuit.
Loss of Use Coverage
If your condo becomes uninhabitable due to a covered peril, loss of use coverage helps to provide the financial support to cover additional living expenses above your ordinary living expenses. This includes costs like hotel stays, restaurant meals if you’re unable to cook, and other necessities while repairs are being made.
Loss Assessment Coverage
Provides protection if your condo association levies an assessment on all unit owners to cover a shared loss or damage. This could include repairs to common areas or legal fees following a covered incident.
Medical Payments Coverage
Covers medical expenses for guests who are injured on your property, regardless of fault. It's designed for minor injuries to help avoid potential lawsuits.
Why Choose Us?
At Elite Insurance Group, we tailor each policy to meet your specific needs. Our team of experienced agents is committed to providing exceptional service, ensuring that you have the right coverage to protect your condo and everything in it.
Ready to protect your condo with comprehensive coverage? Contact us today to start your personalized condo insurance policy.
Speak with an agent (855) 664-4900
Or send us an email: insurance@eliteinsurancegroup.com
This information is provided for informational purposes only. The terms, conditions, coverages and exclusions of your policy may vary. Please read your policy carefully and consult with a licensed insurance agent with any questions.