Personal
Condo Insurance
Written for the owner-occupied condominium unit providing coverage for property.
What is condominium insurance?
This coverage is written for the owner-occupied condominium unit providing coverage for the homeowner’s personal property, loss of use, personal liability and medical payments to others. It also can include coverage for the unit itself which is based on the exclusions on the Master Policy written for the Association. The specific types of condo insurance coverage include:
- Personal Liability: Covers legal costs or medical bills associated with accidental injuries guests may sustain while visiting your condo.
- Guest Medical: For medical expenses only that arise from an accidental injury at your condo.
- Building property: For repairs to the walls and interior of your condo unit.
- Personal property: If your belongings, such as electronics, appliances, furniture, clothing, etc., are stolen or damaged, this type of coverage pays for repairs or replacements.
How much condo insurance do I need?
You should review your condo association’s insurance policy (aka the master policy). This will usually cover common areas and shared spaces–basically, everything outside of your individual unit. Depending on what is covered by the condo association, you may want to opt for additional coverage such as flood insurance, umbrella insurance, and more.
Get a quote for your condo insurance coverage!
A condo homeowner insurance quote shows you how much you would pay monthly or annually for your coverage. You can get a new quote for condominium insurance any time. Want to find an insurer where you’re more than just a number? We are proud to be a Hispanic-owned financial institution with humble roots in South Texas. Give our insurance agents a call to discuss your condo insurance needs and get a quote for coverage. Let’s get started today!
Rio Grande Valley – (956) 682-1722
San Antonio – (210) 572-3222
Investment & Insurance Products : NOT FDIC INSURED – NOT GUARANTEED BY THE BANK – MAY LOSE VALUE
