Do I Need Insurance Form My Condominium?

Do I Need Insurance Form My Condominium?

If you own a condominium you need the same kind of insurance as any homeowner does. You also own personal property like clothes, guns, electronics and furniture that needs to be insured.

The condo association's insurance usually covers the common areas you share with others in your building (walls out), like the roof, basement, elevator, boiler and walkways for the association’s liability and physical damage, but not much more. These policies are intended to protect the association owner for direct damage to their property. Condo associations should also have Directors and Officers Insurance to protect against alleged or actual financial losses from third parties including individual condo owners.

That leaves a lot of items to be covered under a condo owner's property policy. Condo owner insurance typically covers what the condo association's insurance doesn't; personal property, liability, the owner's portion of the building, and loss of use. Condo owners also can purchase added coverage including water backup, flood, earthquake, umbrella, fine arts, and jewelry insurance.

Let our agents explain how a condo insurance policy is tailored to your needs for coverage of valuables, appliances, property and the interior of the condo. 

At Belltown Insurance Group, we have the experience and insurance companies to make sure you have all of what's important to keep you protected. We service the San Diego, California including the Coronado, Los Angeles, Palm Springs , San Francisco, and Temecula areas.

We offer all types of Personal Insurance coverages to our clients in and around San Diego, Coronado, Los Angeles, Palm Springs, San Francisco, and Temecula including Car, Home, Life, Health, and Motorcycle Insurance.

Give one of our agents a call to save money on your Business Insurance. Some of our Commercial insurance coverages include Business Owners Policy (BOP) , General Liability , Bonds and Group Health.

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