People choose condo living for a variety of reasons. It may be a more affordable way to break into the real estate market, or it may be that you don’t want to have to do exterior maintenance. The reason you purchase doesn’t matter, what does matter is that you make sure that your condo has the right insurance. At Richard Zeises Agency in Jenkintown, PA, we work with a variety of carriers, and we can provide you with the perfect condo insurance for you. 

The condo association has a master policy that covers the part of the condo you are not responsible for. This includes the roof and exterior walls. How far it covers inside the walls depends on the policy, and it is up to you to read the policy so that you know exactly the type of condo insurance you need to have. 

Your property coverage covers the interior of your condo and things that are fixed features like your kitchen cabinets, bathroom fixtures, floors, and built-ins. 

Content coverage protects your personal property. This includes your furniture, small appliances, and things like your washer and dryer. Your clothing and jewelry, decor, electronics, and other possessions like seasonal decorations and books. You have two options for coverage; the current value of your possession or the cost of replacing the item today, no matter how old it is. 

Liability insurance protects you against the results of someone being injured while visiting your condo or by a member of your family, even away from home. 

Your condo policy should also include loss of use coverage. If your condo is damaged and not habitable, it helps to pay for a place for you to stay while the repairs are taking place. 

Contact Richard Zeises Agency in Jenkintown, PA for all your condo insurance needs.