Insurance needs for condos and townhomes have one significant difference, typically you do not own the structure that you live in, just the inside space. You also do not have the same liabilities that come with a freestanding home, as injuries on the property, the shared or common areas, are normally covered by the Association’s insurance policy.
What you do have to cover is your personal property and and you will need to carry liability coverage for your own property space. In addition, you may want to consider supplemental insurance for valuables that are not normally covered under a typical policy. Examining and evaluating your needs and adequate levels of coverage is the first step in finding you the best insurance for your condo or townhouse.
In some cases, this may mean we will also review your Association insurance to ensure that there aren’t any gaps or limits that you may need protection for, or at least speak to your Association about.
Compare Home Insurance Companies and Quotes
Get A QuoteCondominium and townhome, or townhouse, insurance provides you with the protection you need where the Associations insurance does not.
This means that condo and town house coverage will help to protect the possessions within your unit, including furniture, appliances, kitchen and bath facilities and your personal items. And, if you plan on upgrading your unit, any improvements you make can also be covered under your policy, including wall units, new appliances, renovations and other upgrades.
We know the business and work with multiple trusted insurance companies to find you the best possible insurance policy for your condo or townhouse. We are here to evaluate your needs and to compare insurance companies and quotes so that we can help you with the loss protection that you need.
Contact us today for a free condo or townhouse insurance consultation and quote!
— Questions We Hear Most —
Frequently Asked Questions
What does condo insurance cover?
A condo policy (HO-6) covers your personal property, the interior of your unit and improvements you have made, loss of use, and personal liability. Your HOA's master policy generally covers the building structure and common areas.
Do I need condo insurance if my HOA has a master policy?
Usually yes. The HOA master policy does not cover your belongings or personal liability, and it may not cover interior walls, fixtures or upgrades. Check your CC&Rs to see where the HOA policy stops and yours begins.