Home Page
postheader postheader postheader postheader postheader postheader
Auto Insurance
Homeowners Insurance
Business & Commercial Insurance
Flood Insurance
Real Estate Liability
Motorcycle Insurance
Recreational Vehicles Insurance
Watercraft & Boat Insurance
Church Insurance

Want to enjoy the perks that come with building equity and getting tax incentives, without the pesky yard work and pool maintenance of owning a house? A condominium might be the perfect solution for you! And just like with any large investment, it’s important to consider condo insurance while you begin the hunt for a new home.

Much like home insurance, condo insurance protects your property and liability risks from a variety of circumstances, including theft, vandalism, severe weather and more. Standard condo insurance policies cover the following:

·         Building and personal property: Covers building property—cabinets, fixtures, walls and more—and personal property—furniture, clothing, appliances and more—if it’s damaged, lost or stolen due to a covered event.

·         Personal liability: Covers the medical and/or legal expenses associated with a visitor getting injured on your property, along with the costs of third party property damage.

·         Loss of use: Covers the cost of temporary living expenses if a covered loss renders your condo uninhabitable.

While condo insurance is similar to home insurance, there are some key differences. Namely, the role of the homeowners association. The HOA fee you pay as a condo owner not only covers common areas like the pool, but it also covers (in most cases) the exterior of the building, including the roof and foundation. Because the HOA covers these items, condo insurance is often less expensive than home insurance. However, flood and earthquake is excluded from standard policies and must be purchased separately.

Your independent insurance agent can help you find the right condo coverage for your needs. Be sure to ask about discounts, particularly if you’re planning to bundle in your auto insurance and/or if your condo is equipped with a security alarm.

We’ll help protect your residence today. Call Northside Insurance Agency at (813) 960-5225 for more information on Tampa condo insurance.

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Contact Us Today






   

HOME PAGE ABOUT US GET A QUOTE REFER A FRIEND CONTACT US

Northside Insurance Agency, Inc.
14009 N. Dale Mabry Hwy, Tampa, FL 33618
Call: 813.960.5225 Call: 800.952.5221

            Logo
Powered by Insurance Website Builder
Facebook Twitter LinkedIn Google+ Blog RSS Feed