Living In A Condo

Living In A Condo

Did you know that if you live in a condo or a townhouse then you have different insurance needs than that of a homeowner? Condo insurance protects your personal property and all structures which you own against any damage by vandalism, theft, and natural disasters. It also protects you and your family against personal liability, property damage and bodily injury claims.

To determine how much you need IINC gives some tips when you’re evaluating how much condo insurance you need for your unit and possessions. Keep the following questions in mind:

• What is the association’s responsible for insuring? What am I responsible for insuring?
• How much coverage do I need for loss assessment?
• How much coverage do I need for my possessions?
• Do I have replacement cost or actual cash value coverage for my possessions?
• Are there policy limits for my valuables? Should I purchase more coverage for those items?
• What does the liability coverage include?
• Do I need earthquake or flood coverage for my unit or possessions?

So if you own a condo or a townhouse and are looking for condo insurance that fits your needs then call us at Ion Insurance today. 203.439.2815