Do I need additional coverage for indirect losses? What is "concurrent causation"?

Besides, having condo insurance can help protect your personal belongings inside your home and provide personal liability protection should any accidents occur ... Homeowners' insurance covers damage or loss by theft and against perils which can include fire, and storm damage. It also may insure the owner for accidental ... What Condo Insurance Can Include · Property Coverage · Personal Possessions Coverage · Liability Coverage · Medical Payments to Others · Additional Living Expenses ... Make sure your condo corporation protects your shared interest and responsibility · provides full replacement cost coverage for buildings and shared property In the past, the answer would be yes, wildfire coverage is included in your home insurance. Today, however, many insurance companies are excluding wildfire ... Condo Insurance FAQs ... What does condo insurance cover? Condo insurance typically covers: Damage to your belongings in your unit caused by fire or smoke, ... Since the FAIR Plan policy does not cover all the perils insured under a traditional homeowners' insurance policy such as theft or liability, you may want to ... Your homeowners policy pays to repair or rebuild your home if it is damaged or destroyed by fire, hurricane, hail, lightning or other disasters listed in your ... 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 ... Jan 2, 2025 ... What Is Condo Insurance, and What Does It Cover? Condo insurance covers damaged or stolen belongings as well as liability costs if you're found ...