Condominium Insurance
One of the key differences between home and condo ownership concerns how much of your residence you have to insure. Buying a home means you own and are responsible for the the home itself and all the belongings inside. Buying a condo, on the other hand, leaves you responsible for what the Association By-laws state is a part of your Unit and your personal belongings.
What every condo owner should know about insuring their investment.
As a condo owner, you may be wondering if you really need insurance. After all, your condo association has insurance, right? While that may be true, it's important to understand that the association's insurance only covers what they define as the building and common areas - not your "unit", personal belongings or liability. That's where your condo insurance comes in.
The W.E. Davis Condo Insurance program provides coverage for your personal property, such as furniture, appliances, and electronics, as well as liability protection in case someone is injured and sues for your negligence. Most importantly, it provides coverage for the portion of your "Unit" the Association By-laws state are your responsibility. This can be as little as the interior paint to as broad as the interior studs, drywall, pipes and flooring. It's a big deal and can cost you if you don't insure for the right amount.
As a service to our clients, we read your by-laws to help you know what you are responsible for and help you to insure that properly.
Don't wait until it's too late to protect your investment. Contact W.E. Insurance Agency today to learn more about the benefits of our Condo Insurance Program and how we can help you tailor the right coverage for you.
Our Recreational Vehicle Insurance Coverage Options
Contact us today to get a quote and find the perfect condo insurance policy to fit your needs.
Family Owned and Operated Since 1938.
A Family team that will make a difference in how you see insurance. Let our years of experience, knowledge and hard work ethic play in the role of choosing the right protection for your home, auto, business,