It is a popular misconception that if you own a condo that your landlord’s master policy has you covered. This couldn’t be further from the truth. Most master policies provide coverage for the building itself but as far as your personal belongings are concerned, you are on your own unless you take out a condo hazard insurance policy.
Condo hazard insurance doesn’t have to cost you an arm and a leg. You can find the going rate for condo hazard insurance quotes in your area by comparing different providers online.
An adequate condo hazard insurance provides both extensive contents coverage as well as liability coverage. It is typically referred to as an HO-6 and typically covers damage created as a result of the following:
- Fire
- Vandalism
- Theft
- Natural hazards such as wind, storm, and severe weather
A typical exception from condo hazard insurance policies is flood coverage. If you live on the ground level of your condo building then you might want to talk to a condo insurance agent about adding flood coverage as a rider to your existing policy or you might also want to look into purchasing flood insurance separately through the federal government.
Find Condo Hazard Insurance Online
Don’t make the mistake of assuming you’re taken care of by your landlord’s policy. If you have just purchased a condo or have been living in one without coverage then don’t hesitate and find the right condo hazard insurance policy for you today.
Why Get Condo Insurance Quotes in the First Place?
- Save money.
- Side-by-side comparison of what different condo insurance agents can offer.
- Leverage a better rate quote from your preferred condo insurance vendor.
- Get in touch with different agents; different agents can make a world of difference.
Visit InsuranceAgents.com for more information about condo insurance and/or condo hazard insurance.
