Condo Insurance

Condo insurance offers coverage for your condo unit in case you lose or destroy your condo unit or property in it as a result of covered perils such as vandalism, fire, or theft. Condo insurance includes two major policies; bare walls-in policy and all-in policy. The bare walls-in policy only covers the exterior and communal parts including hallways, elevators, and the external walls. The all-in policy covers plumbing, electric appliances, wiring and other basic fixtures in the condo unit. It, however, does not cover personal property. There are plenty of condo insurance companies in Connecticut. At Christian Brokerage Insurance, we help our clients find the quotes that best suit them. The following are some of the coverages of condo insurance.

Personal Property Coverage

This coverage helps to replace or repair personal belongings lost or damaged by a covered peril. Replacement or repair costs are paid up to the limit of the coverage. You may get the actual cash value of the property or replacement cost coverage. If it is not sufficient, the condo owner has to pay the rest of the bill.

Personal Liability Coverage

This coverage helps a condo owner pay for legal and medical fees if someone gets injured in their condo unit because of their mistake or carelessness.

Building Property Protection Coverage

This coverage protects you in case of damage to the walls or interior of your condo unit as a result of a covered risk.

To decide how much condo insurance you need, consider the cost of repairing or replacing your condo structure, the value of your property and the extent of coverage.

At Christian Brokerage Insurance, we offer quotes for condo and other insurance policies. We consider the specific needs of different clients and try to find a quote that is best suited for them. You can reach us at (203) 744-3099 or visit us at our office in Danbury, Connecticut to discuss a new insurance policy.