Well, let’s say it happened. Whatever "it" was, be it fire, flood, hurricane, or theft, it happened to your condo. It was the reason you planned and got condo insurance. Now it’s time to be recompensated for your loss. Time to file a claim. But how do you do that?

Read the Fine Print

Go over your policy first to see if it’s something your policy covers. Do you have any other policies? They may be able to work together. Always keep your insurance policies in a safe place.

Be Prepared

After you have determined if your policy covers the damage, document it. Collect the receipts. Take some pictures or, better yet, video documentation. Have some inventory documentation stored away well before you need it. 

Safety First

Don’t risk your personal safety over an inanimate object. It’s replaceable. If anyone was injured on your property, Record all the details down to the witnesses. If there’s a police report, your insurance company will want to see it. 

File That Claim!

Take note of the date and time of the incident. Have photographic documentation of the damage. Have a list of all damaged property with estimated value. Call the company and be assigned a claims adjuster. Have repairs made. Your contractor and claims adjuster should meet to assess the damage.

Contact Richard Zeises Agency in Jenkintown, PA

If you are in the Jenkintown, PA area and need insurance for your condo, Richard Zeises Agency would be happy to help you get what you need. Their courteous and knowledgeable agents will work with you to obtain the policy best suited for your needs. 

If you are a condo owner in or near Jenkintown, PA, you can count on the Richard Zeises Agency to provide the insurance help that you need. As independent insurance agents, we represent more than one insurance carrier, which gives you more choice and the potential for a better rate. We also work for our customers, not one insurance company.

Condo insurance is different from home insurance

When you own a condo, the exterior of the building is insured by the condo association. How far it goes inside the walls depends on the master policy. You are covered against perils, but the master policy also covers the public areas for liability, so if someone visiting you is injured in the parking lot, the condo association is responsible. 

It covers your possessions away from home

Your condo policy covers your personal possessions while in your unit, but it also covers them when they are away from home. So, if something you own is stolen from your vehicle, it is covered by your content insurance. There will be a deductible, but if it is something like a laptop, it is worth filing a claim.

You have choices when it comes to your content coverage

Much like home insurance, you have options regarding your Condo content coverage. You can choose replacement cost or current value. It does make a difference. If you have a 6-year-old sofa, its value today differs from when you purchased it. It can make quite a significant difference in the valuation. It would be best to decide how much of your possessions you want to replace.  

Contact Richard Zeises Agency in Jenkintown, PA, when you are in the market for new condo insurance or are a first-time condo owner.

If you have a condo, the lender likely requires you to purchase condo insurance. If your condo is paid off, the HOA that oversees the condo building, can require you to carry condo insurance. Here at Richard Zeises Agency, serving the greater Jenkintown, PA area, we have had individuals ask us if their condo HOA can require or regulate which company you have to purchase condo insurance through. 

Can a Condo HOA Regulate Which Company You Have to Buy Condo Insurance Through?

The HOA, or homeowners association, for a condominium building, can require you to carry condo insurance. They can even require you to carry a minimum amount of coverage. However, while they can recommend insurance companies to you, ultimately, you have the final say in which company you decide to purchase condo insurance from.

As long as the insurance meets the minimum requirements required by the condo HOA, they cannot force you to purchase a policy through one insurance company or another. You have the ability to research various companies and obtain estimates for policies through different companies and select the insurer for your policy on your own. 

Reach Out To Us

Condo insurance is similar to home insurance. It helps to protect the investment you have made in the condo, as well as your belongings that are stored in the condo. If you are in the market for a new condo insurance policy in the greater Jenkintown, PA area, reach out to the insurance professionals at Richard Zeises Agency. We would love the opportunity to help you find the best insurance policy for your needs. Call us today to learn more. 

Condo residents in the greater Jenkintown, PA area can turn to the team at Richard Zeises Agency for all of their insurance needs. If you are going to buy a condo in the near future, let us help you find a condo policy that meets your unique insurance needs.

Benefits of a comprehensive condo policy

Many people choose condo living because of the low-maintenance lifestyle it provides. If you have plans to purchase a condo, be sure to consider your insurance options.

While condo boards will carry insurance to protect the building itself and common areas contained therein, it is up to the unit owners to have the policy to protect their units and belongings. 

Prior to deciding on a policy, it makes sense to review the Condominium Owners Association requirements. Many buildings have certain requirements that pertain to the type of insurance and the amount that is necessary for each resident. 

Opting for a comprehensive policy means that you will be protected should anything go wrong in your unit. This type of policy can cover everything from theft to accidents, and other types of damage. Of course, every policy is different, so it’s important to fully review a policy before selecting it. 

Having the information necessary to make a smart decision is a lot easier when you work with an agent. Local insurance agents are a great resource when it comes to determining which policy will be right for your needs.

Let us help with all your condo insurance needs!

Richard Zeises Agency is here for the Jenkintown, PA community. If you have questions about any type of insurance, we are here to answer them! Contact our office or stop by today to find out more.

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. 

Condo insurance is much like home insurance. That means that the claim filing process is almost the same. Your condo insurance company in Jenkintown, PA should help you settle down as soon as possible, depending on the type of accident. 

When accidents strike, it’s not always possible to think straight, especially if it involves serious injuries or death. However, you need to stay focused and file your condo insurance claim before doing anything else.

At Richard Zeises Agency we advise our policyholders to prepare for such an unfortunate event by having their paperwork, personal details, and information ready to make the process easier and faster. Here is how you can successfully file a condo insurance claim.

• Report crimes to the police: If your home has been burglarized, it’s more important to call the police first before doing anything else. It is recommended to ensure you provide full details of the incident when everything is still fresh. 
• Call your insurance company: Once you have the police report, you can call your condo insurance provider and begin the claim process. They will send over a few papers for you to sign as they get an adjuster to check the damage.
• Meanwhile, document the damage: Take pictures and videos of the damage and create a list of the damaged items, including their cost. If you have receipts, keep them close for evidence if necessary.
• Have an adjuster inspect the damage: Your insurance company will send a claim adjuster to assess the damage. You can also check in with your contractor to determine the estimated cost of damage.
• Make temporary repairs: Some damages require immediate action, such as fire or water damage. If you can remove some items to prevent them from getting burnt or damaged by the water, feel free to do so.

Make sure you’re filing a claim for damage that is covered. Otherwise, your claim will be rejected, or your insurance rates may be increased. For more information about filing a condo insurance claim in Jenkintown, PA, speak to any Richard Zeises Agency agent, and we will be happy to help.

A condo insurance policy procured from an authorized insurance company in Jenkintown, PA can protect your personal belongings and liability. It also covers many alterations, additions, and improvements you make to your unit. Condo insurance caters to additional living expenses incurred should you live elsewhere after a covered loss. Let Richard Zeises Agency, situated in Jenkintown, PA, help you find outstanding coverage that suits your budgetary needs.

This form of policy is tailored to guard you and your family members against property damage, liability claims, and bodily injury. Additionally, you can choose medical payments that will cater to medical bills incurred by a guest who gets injured on your property, irrespective of who is deemed liable. Many Pennsylvania residents prefer condos to apartments when renting, but selecting proper condo insurance can sometimes be daunting. Worry not because Richard Zeises Agency is here to help. Our agency considers all the factors when building your condo insurance policy. They include:

• Credit history.
• Claims history.
• Location of your condo.
• Age(new or old) of your condo.

Types of condo insurance coverages.

• Personal liability coverage: This policy pays for related legal expenses if someone is accidentally injured while residing in your condo and you are deemed liable.
• Guest medical: This policy settles the medical expenses if your visitor gets injured while at your condo, even if you are deemed liable.
• Building property protection: It typically helps in paying for repairs to the walls of your condominium unit, inclusive of its interior, which encompasses items like built-in bookcases and fixtures if a covered peril propagates destruction.
• Personal property coverage: Personal possession such as appliances, clothing, furniture, and electronics get covered under personal property coverage. If a covered peril destroys them, this policy helps to repair or replace them. It encompasses two types of personal property coverage:
  • Replacement cost coverage.
  • Actual cash value.
• Loss assessment coverage: In some cases, your condo association may issue a special assessment, and this form of policy may help you cover your share. For instance, if a fire causes damage to a common area.

Your condo is your ultimate source of comfort. Let us safeguard the space you have made your own. Call or visit us at Richard Zeises Agency offices, located in Jenkintown, PA for more information.

Insurance for your condo is just as important as someone having homeowner’s insurance. It may not be the first thought you have when you move in. If this is the case, you will do well to talk to a qualified professional such as an agent from Richard Zeises Agency of the Jenkintown, PA area.

Home Insurance and Condo Insurance Are Alike

It should be noted that home and condo insurance policies have similar aspects to one another. The risk factor is equal to them. However, it’s a good idea to have the additional layer of protection than you’d have with a master policy from your homeowner’s association. Condo homeowner’s insurance will cover what’s inside of your dwellings, such as your fixtures and valuable belongings. While the master policy is for all of the common areas, such as clubhouses and gyms, your condo homeowner’s policy is just for your single condo unit.

Condo Insurance Coverage in Pennsylvania

Once you have condo insurance, it’s a great relief. You won’t have to worry about what will happen if there’s water damage in your unit if your washing machine leaks or something happens with your air conditioner. You’ll have the coverage to replace or repair anything that’s been damaged as a result of what’s happened.

It’s important you know that policies vary from different agencies. You’ll have to determine what’s offered by the specific company you go through. Condo insurance does come in handy for instances of fire, vandalism, theft, and hail in many cases. 

When it comes to having the right condo insurance for your needs, discuss the options available with an expert at Richard Zeises Agency in Jenkintown, PA. We are pleased to assist new and returning clients with all questions and requests for a quote.