Some homeowners associations may have a policy that provides coverage for the building exterior and walkways but they do not offer coverage for your personal property, your guest’s medical protection and your liability.
Other policies may only insure the walls, ceiling and floors of your unit. Therefore, you should read the association bylaws or discuss the type of policy you will need with your homeowners association and your agent before purchasing any policy.
Did you Know?
When you insure your condo and automobile with the same company, you might be eligable for a discount.