Can I assign my insurance policy to someone else?

We've teamed up with AARP to offer you condo insurance coverage that helps protect your condo and your personal property. What Does Condo Insurance Cover? · Personal possessions. Condo insurance covers damage, destruction or theft of your personal property. · Liability. This can pay ... Personal liability insurance does not have a deductible you must meet before the insurer begins to pay losses. Liability coverage also requires the insurer to ... Mar 31, 2024 ... Policies for corporations typically cover the exterior of the building, the inner workings (like elevators and HVAC) and common or shared areas ... Individual condo-unit owners earthquake policies cover the contents inside the walls of the condo unit, not the structure itself. Building Property coverage ... Dec 4, 2023 ... Condo insurance is a mix of coverage types that protect your investment in your condominium in case of problems like fire, theft, accidental injuries to others. What Condo Insurance Can Include · Property Coverage · Personal Possessions Coverage · Liability Coverage · Medical Payments to Others · Additional Living Expenses ... What it covers: HO-1 policies typically provide coverage only for damage or loss caused by 10 specifically named perils: Fire or lightning; Windstorm or hail ... Feb 14, 2024 ... Condo insurance covers things such as the unit owner's personal belongings, improvements/upgrades they've made to their unit, liabilities, and living expenses. Sep 5, 2023 ... Calculating how much dwelling coverage you need · 20% of your unit's value, loan value, or appraisal value, or $140,000 ($700,000 x 0.2) · $100 ...