Condo Insurance

Condos and town homes are unique. Find the coverage you need. Serving all of California and Nevada.

Your condo or town home insurance policy covers your personal property and liability, as well as any additions, alterations and improvements you make to your unit that are your responsibility based on the condo association agreement.

Optional loss assessment coverage is also available to protect you against certain assessments that may be levied by the association. You would be compensated for additional living expenses incurred should you need to vacate your condo after a covered loss.

Let Jessica Liu Insurance Services help you find the right amount of coverage to suit your insurance needs California and Nevada. Call us today or request a free quote online.

What Do You Need to Know About Condo Insurance?

Condo insurance provides coverage for your personal property and much more. For a few more dollars, you can elect to carry Full Value Personal Property which ensures that you are reimbursed full replacement value without regard for depreciation after a covered loss.

If you have upgraded cabinets or put in hardwood floors, condo building item coverage protects these investments. Be sure to consult your HOA agreement to determine what the Association policy covers and what you are responsible for. If common areas are damaged, your condo association may levy assessments against all the owners to pay the deductible on their association policy.

What Does Condo Insurance Cover?

Your condo insurance policy protects you and your family against bodily injury, property damage liability claims and litigation. Many people supplement their condo insurance coverage for broader protection.

Loss Assessment Coverage

Loss assessment coverage provides protection for claims involving the building or its common areas. It can protect you in the case of major weather damage, injury in a common area, and shared property damage inside buildings. Various limits of loss assessment coverage are available. Be sure to consult the HOA agreement to determine the potential for such assessments.

Personal Liability

Your condo insurance policy also protects you and your family members against bodily injury and property damage liability claims. For example, if an accident occurs in your condo that causes damage to someone or something, personal liability can help cover the cost of the damages. Personal liability also protects you from any litigation that may result subject to the limits you select.

Medical Payments

Medical payments coverage will help pay for medical expenses incurred by a visitor who is injured at your residential property regardless of fault. It can also provide coverage in other situations as well. Various limits are available.

Additional Living Expenses

If you are unable to live in your home after a covered loss, loss of use coverage can help. This policy can help pay additional necessary living expenses, which can include hotels, meals, laundry, etc.

Theft Protection

Your condo policy can protect your property against many types of theft loss. Coverage can also help cover the cost of theft from your unattended vehicle or boat.

Additional Protection

A typical condo insurance policy does not cover damage from earthquakes or floods. You may want to consider purchasing a flood insurance or earthquake insurance policy to extend your coverage.

Find unique insurance that is right for your condo or town home. Jessica Liu Insurance Services can help you determine your coverage needs to make sure you’re properly covered. Call or contact us online.