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How is Condo Insurance Different From Homeowners Insurance?
When you buy a home, your lender will require that you purchase homeowners insurance. What if you purchase a condo, though? Do the same rules apply? The rules are similar, but slightly different. When you purchase a condo, you share everything except the interior portion of your condo. Because of this, you don’t need a […]Read more
Condo Insurance: Reinforcing Your HOA Coverage and Your Own Protection
You can leave it to your homeowners association to get coverage for your condo’s external premises and amenities. But as to the personal property inside your unit, it’s safer to have your own condo insurance. Condo insurance works like a typical homeowners insurance in the condominium setting. It gives protection against forces of nature and […]Read more