Condo Insurance:Coverage Fundamentals
If you live in a condo in Stuart, your Condo Association probably provides some level of building insurance coverage. Typically, such coverage is limited to one of the following three types of policy:
- Coverage for the complex’s primary building and common areas
- Coverage for each building and for items within each unit considered being the property of the condominium complex
Condo Insurance Liability Coverage
Condo Association coverage also typically features a small level of personal liability coverage. For most occupants, however, this coverage won’t offer sufficient protection against every possible liability.
For example, if a guest suffers an injury or property damage while in your condo, association coverage may not be sufficient to cover the damages—especially if you get sued. Additionally, condo occupants themselves get no coverage at all for injury or property damage. That’s why coverage is so important. Let us help you with your Florida Condo insurance policy.
What Does Condo Insurance Cover?
With sufficient condo coverage, you can protect your condo from fires, wind and hailstorms, lightning strikes, theft, and other events not covered by association coverage. Let Sandsprit Insurance, your Florida condo insurance expert, get you the coverage you need.
What Are Condo Insurance Exclusions?
As with home insurance policies, condo insurance doesn’t cover specific peril types:
- Earthquakes and mudslides
- Natural deterioration and neglect
- Birds, rodents, insects, and domesticated animals