A condominium policy is similar to a homeowners policy for a single family home except your condo association usually covers the exterior of the building along with any common areas. You wouldn't be expected to pay for damages outside of your front door. On the other hand, damages on the inside of your condo can become your concern.
Your policy will cover the inside (studs in) of the condo along with your personal belongings. The condominium policy also provides personal liability coverage for injuries that happen inside your condo. Many homeowners insurance policies have the same protections, so if you happen to choose the condo life, then you should protect yourself with the same policy. Condominium insurance is not something to pass up.
Whether you have a condo in a high-rise in downtown Chicago or a smaller building in the suburbs our personal lines specialists can assist in finding the best policy to fit your needs. Our policies can be built to suit your needs. Contact our team today for your no obligation consultation and quote.
815-277-8503 or firstname.lastname@example.org
Gnade Insurance has a helpful staff and much more responsive service than a larger insurance provider!
- Jonathan Wilson, 1/24/2012