What is condo insurance (ho6 insurance) or townhouse insurance?
Condominium Insurance is designed to protect condo unit owners from many possible losses that occur. In some locations, a condo may be referred to as a town house. Most attached condos are covered by a homeowners association policy for certain potential claims, but there are many risks that are not covered, which has created the need for condo insurance.
A partial list of available coverages for owned-occupied condos:
- Dwelling Coverage – to protect the interior of your condo unit (not on all policies, but highly recommended)
- Personal Property Coverage – to protect your personal belongings and other items that may not be crucial to the reconstruction of your condo
- Loss of Use Coverage
- Personal Liability – to protect against claims of bodily injury and property damage
- Medical Payments
How to get a quote for condo insurance?