Condo insurance provides coverage for the inside of your condominium; the external areas fall under the homeowners association’s master insurance policy. Depending upon the coverages afforded by the master policy, your condo insurance may include coverage for:
- The interior walls
- Your appliances
- Your personal property and valuables
In addition to covering your personal property in the event of a loss, your condo insurance also protects you against liability claims if you are responsible for another person’s injury or property damage, or you have legal fees to pay due to a lawsuit.
An independant insurance agent like Apex Insurance Managers can help you compare rates from multiple insurance companies and choose the most suitable coverage for your needs.