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.