Does my condo insurance cover business-related activities?

Wawanesa's condo insurance covers loss or damage to the interior of your unit, typically what you own and not covered by your association's master policy. 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 ... Jul 7, 2021 ... Condos are units in a multi-unit building. As such they require that you have insurance for your own personal condo as well as collective ... What Does Condo Insurance Cover? · Personal possessions. Condo insurance covers damage, destruction or theft of your personal property. · Liability. This can pay ... Jun 4, 2022 ... After all, HOA insurance typically doesn't cover individual homes or condos — only common elements and areas. Managing a homeowners association ... The condominium association's policy will assess property damage or personal liability claims in common areas only, while your insurance policy would cover ... 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. Apr 29, 2021 ... Your condo insurance policy water coverage will generally cover water damage that results from your household appliances or your plumbing system ... Your policy may help you pay to repair or replace your appliances if they're stolen or damaged in certain situations—called “covered perils” in insurance jargon ... Make sure your condo corporation protects your shared interest and responsibility · provides full replacement cost coverage for buildings and shared property