Dentists Protect Yourself with Condo Insurance

If you own a condo it is one of the most important investments you'll made.  Just as important is properly protecting this investment with the right kind of condo insurance.

Why You Need Condo Insurance

Condo insurance is needed to insure your personal property and any parts of your unit that aren’t covered by your condo association’s insurance policy.

Condo associations typically have one of three policies: 1) a policy that insures only the primary building and common areas; 2) a policy that insures your building and any items in your unit other than personal property; 3) a policy that insures the building, your unit, and any fixtures or improvements you make to your unit.  For more information on what is and is not covered by your association please contact us.

Your Condominium unit owners policy - what is Covered in Your Personal Property Coverage?

You will need enough coverage to compensate you if you suffer a covered loss from occurrences such as:

·         Accidental eruption of hot water heating system

·         Vehicle damage

·         Fire or lightning

·         Weight of ice, snow or sleet

·         Theft

·         Vandalism or malicious mischief

·         Accidental discharge or overflow of water

·         Explosion

·         Riot or civil commotion

·         Aircraft

·         Freezing

·         Smoke damage

·         Windstorm or hail

·         Artificially generated electrical current

·         Falling objects

·         Guests' property (would be covered within your unit).

Note: personal property that covered is protected from losses both at your residence and any other location worldwide, subject to some restrictions. Flood or earthquake protection is not covered under most basic coverage..