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CONDO INSURANCE
EVERYTHING YOU NEED TO KNOW ABOUT CONDO INSURANCE
Condo insurance is an affordable way to manage the normal risks of owning a condominium. Alliance West Insurance offers insurance designed to address the needs of condo owners. Even though your condo likely carries a master insurance policy to cover the building, you may want a separate policy to protect your individual interests. Condo insurance provides coverage for:
- Improvements you make to your unit, which are not covered by your association agreement
- Structures you own
- Unexpected association loss assessments
- Personal Liability
- Legal defense costs from lawsuits
- Personal property you own
As a condo owner, you share responsibility for certain community resources and therefore, may be asked to pay for repairs or lawsuits not covered by the association's master insurance policy.
A condo insurance policy can shield you from those potential costs; policies include loss assessment coverage for up to $1,000. For an additional premium, we can arrange a higher loss assessment limit to meet your needs.
See if you qualify for savings on your policy. Speak to an
Alliance West Insurance representative about these discounts:
- Protective devices discount
- Mature homeowners discount
- Multi-policy discounts
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