Condominium Insurance

 Insurance Zone is a full-service commercial and personal lines independent insurance agency offering insurance products and services tailored to meet the demands of homeowners and business owners.

My Personal Insurance Program products include Homeowners, Condo Unit Owners, Rental Properties, Wind, Flood, Builders Risk, Auto, Boats, Umbrella and Life Insurance.

My Business Insurance Program products include Property (Building/Content), Wind, Flood, Builders Risk, General Liability, Business Auto, Workers Comp, Umbrella and Life Insurance.

The agency is ‘On 98 & 30A’ and the Southeast, with offices in Miramar Beach (Destin), Santa Rosa Beach, Palm Coast, Tampa and Atlanta, GA.

What is condominium insurance?

Condominium insurance is similar to homeowners insurance but is designed for the specific needs of condo living. Many families choose condos because of the convenience of on-site maintenance and access to community amenities. In this environment, the main structures of all buildings and common areas are covered by an insurance policy held by the condo association. However, a personal condo insurance policy may cover property damage and liability risks of the unit owner.

Who benefits from condominium insurance?

Condo insurance is beneficial for all condo owners as well their visitors. In fact, most mortgage companies require condo owners to purchase a policy for the duration of their loan. Condo insurance may cover damaged, lost or stolen property due to fire, theft or natural disaster. This protection could extend to interior furnishings, including walls, flooring, ceilings, appliances and fixtures.

In addition, this type of policy could cover you against liability claims. If you are found liable for a visitor’s injury, condo insurance could cover associated medical expenses and/or legal fees.

How much condominium insurance do you need?

The necessary amount of condo insurance largely depends on the value of your possessions. By determining how much it would cost to replace your possessions, you can estimate the policy size that would be appropriate for your individual needs.

Call us today to learn more about protecting your home with condominium insurance.