If my condo is held in a trust, who is the insured party?

Jan 16, 2025 ... What Does Condo Insurance Cover? · Interior Property · Liability for Injuries · Personal Belongings · Loss of Use. 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 types of insurance coverage is there for a condominium? ​ ... ​The master policy provides coverage for the structures and common areas against risks of ... Condo insurance works with your condo association's policy. It is usually less expensive than a typical homeowners policy and covers your stuff within your ... 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 does condo insurance cover? · Personal property coverage · Theft protection · Special limits of liability for certain possessions · Personal liability ... If you're sued over an injury that happened in your unit, this part of your condo insurance coverage can cover your expenses. Medical payments. If a guest has a ... What Can Condo Insurance Cover? ... A condo insurance policy covers appliances, interior walls, and floors (if your responsibility), along with your personal ... Jun 5, 2022 ... What does condo insurance cover? ... Like renters insurance, your condo insurance should also cover damage to your personal belongings and any ... Make sure your condo corporation protects your shared interest and responsibility · provides full replacement cost coverage for buildings and shared property