How Condo Insurance Works

If you own a condo, it’s important for you to cover it right away with a condo insurance policy. These policies offer you several different types of protection, and you shouldn’t be without one. If you need this coverage, call us right away at Associated American Insurance in Manchester, NH to talk with an agent.

Damage to Your Condo

One of the main types of coverage that you get with a condo policy is protection in case of major damage to the condo itself. This works very differently from home insurance, as it does not cover the outside of the building. When there is a condo board that owns the outside portions of the building, they are responsible for providing insurance for those areas. 

Damage to Your Possessions

When something happens that damages a good number of your possessions, your condo insurance policy is there to help. Whether it’s a disaster, an accident or a calamity of some kind, your condo policy is there to help to pay for them to be replaced and/or repaired. With this type of coverage, you don’t have to start all over again after a terrible incident. 

Accidents and Illnesses

If someone comes to your home and gets sick or has an accident there, it may be up to you to pay for their resulting medical bills. Your condo insurance policy contains liability coverage so that your policy can pay for those medical bills if you are judged to be at fault for the incident. 

Condo Insurance Policies

It’s important to have a condo policy in place from the time you buy your condo. If you need a condo policy, contact us at Associated American Insurance in Manchester, NH to talk about your condo insurance needs.