If you own a condo or are planning to buy a condo in the near future then you will need a condo insurance policy. Condominium insurance is a little different the regular home owners or tenant insurance as the condo corporation has to buy it’s own insurance, and the unit owners insurance policy has to complement that insurance coverage.
Much like tenant insurance a condo unit owner’s insurance policy covers their personal property like personal belongings, furniture, and such. This is extremely important to ensure that your personal belongings will be covered in the event of something going wrong. You may also need special attention in your condominium insurance coverage to things like collectibles, and jewellery so make sure you have that coverage in your policy or if you’re not sure ask your insurance broker.
For more information on home insurance or for a free home, auto, commercial, travel, or life insurance quote contact Atto & Associates:
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