Condo Insurance

Unlike a standard homeowners policy, condo insurance works alongside the condo association’s master policy, covering what the association doesn’t—primarily the interior of your unit.

What Does Condo Insurance Cover?

Interior Unit Coverage:

Covers the interior structure of your unit, including walls, floors, ceilings, and improvements like kitchen cabinets, fixtures, and built-in appliances. This is crucial in case of damage from incidents like fire, vandalism, or water leaks.

Personal Property Coverage:

Protects your belongings, such as furniture, electronics, clothing, and more, if they’re stolen or damaged by a covered peril. This may also include protection for belongings stored off-site.

Liability Coverage:

Offers protection if someone is injured in your condo or if you accidentally damage someone else’s property. It can cover legal fees and medical expenses if you’re found responsible.

Loss of Use Coverage:

Helps cover living expenses if you need to temporarily relocate due to damage that makes your unit uninhabitable. This can include hotel costs, meals, and other additional living expenses.

Loss Assessment Coverage:

Covers your share of certain assessments if the condo association levies a fee for repairs to common areas after a major loss (like storm damage) or to help cover liability claims.

Why Do You Need Condo Insurance?

The condo association’s master policy often only covers the exterior of the building and common areas, leaving you responsible for the interior of your unit and personal items. Condo insurance fills this gap, providing protection for your individual unit and giving you peace of mind.

At Twin Creek Insurance, we can help you navigate the complexities of condo insurance, ensuring that you have the right level of protection tailored to your unique needs.