Condominiums

The basics:
We can provide coverage for your condo whether it is your main residence, a seasonal residence or even if it used for rental income.

When you purchase insurance for your condo, you will also receive coverage for:
	The contents of your condo
	Loss Assessment - $1500 included - This coverage applies when the insured gets assessed because the association has a loss to the building. Loss assessment coverage can help the insured pay for the assessment.
	Deductible Assessment - $1500 included - Condo associations buy a policy to cover the building, and generally buy large deductibles. When a loss hits, the association might assess the owners of the condos for the deductible.

If the unit is your main residence, your policy includes:
○	Additional Living Costs – when a covered claim means you can’t occupy your condo, this coverage will pay for the additional costs you incur
○	Liability – If you are sued for an accident that occurred at your condo, we will pay for an attorney, court costs and any damages awarded, up to the policy limits
If your unit is a rental or seasonal, your policy includes:
○	Fair Rental Value – if you cannot rent the condo due to a covered loss, we will pay you rent
○	Liability coverage is optional

Your local knowledgeable agent will direct you to the policy that fits your needs. Find an agent

The description of coverages and programs are purposely brief and are subject to specific policy provisions, limitations and exclusions that can only be expressed in the policy itself. For a complete explanation of coverages, please consult one of our licensed agents.