Standard Coverages
Personal property
Your clothes, electronics, furniture, appliances, tools, power equipment, etc. are all covered (even if they're not in your condo). If you have expensive jewelry, art, or other items, you'll likely need separate coverage. We offer that too! Just call us at the end of your condo insurance quote.
Example: Your roof leaks and water damages thousands of dollars’ worth of clothes, furniture, etc. Most associations won’t cover personal property unless you can prove negligence. So if they don't pay up, your condominium insurance would kick in to cover these.
Upgrades and customizations
We'll cover most upgrades you've made, such as hardwood floors, granite countertops, new kitchen cabinets, etc. Some association's policies may cover the original furnishings, but very few will cover your upgrades.
Example: A pipe bursts and water damages your custom kitchen cabinets and appliances. Your association may pay to repair the pipe, but they won't pay for any damage to your upgrades. If you still had the original countertops that were damaged, your association may cover those.
Loss of use
If your condo is damaged, and you can't stay there during repairs, your insurance kicks in. Condo insurance covers hotel stays and meals (above what you'd normally pay).
Example: A fire damages your condo, and you have to spend $2,000 to stay two weeks at a hotel. That bill would be covered, plus your meal expenses above your usual food costs. Make sure you keep your receipts.
Liability
This coverage is called personal liability. It covers lawsuits against you or your family members if you're responsible for someone else's injuries or damages to their property. You can add extra coverages for libel, slander, or other lawsuits.
Example: A delivery person falls on your steps, breaks their leg, damages their merchandise, and then their company sues you. This will pay for their medical bills, lost wages if they can't work from an injury, and the damaged merchandise.
