How much can I save by bundling? What are some red flags to look for when choosing a condo insurance company?

May 12, 2023 ... What coverages should a homeowner consider adding to their policy? 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 ... The new law expressly confirms that condominium associations are not required to obtain insurance related to water damage or water perils. It then imposes ... What kind of insurance do I need for a condo? As a condominium owner, you can find coverage especially suited for condos. It's simply called condo insurance or ... Mar 18, 2020 ... Homeowners insurance does not cover pets in the following ways: ... Though pets are technically considered to be personal property, it's nearly ... Condominium Unit Owners Insurance: Although condominium associations usually have policies that cover ... Flood Insurance: Standard home insurance policies do not ... Apr 1, 2024 ... A condo owner's insurance policy, called an HO-6, covers most of what you own within your unit, generally speaking. 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 ... Mar 26, 2025 ... Dwelling coverage in your condo insurance helps you restore your condo to its original state following a covered loss. This coverage becomes ... Common areas of the building that you share with your neighbors like parking areas, lobbies, stairways or elevators are generally covered by the condo ...