What are some key areas of preventative maintenance for condos? What is "emergency preparedness" for condo owners?

A basic condo insurance policy contains five levels of coverage: dwelling (your unit), personal property, loss of use, liability, and medical payments to ... condo unit that is not otherwise covered by your condominium association's insurance policy. ... Your Policy Does Not Cover Losses Caused by. Fire and lightning. 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 it does not cover. Floods: Flood insurance is ... There are more than 100 companies that write homeowners and renters insurance policies in Oregon. Condo liability coverage helps cover medical expenses that you are court-ordered to pay due to an accident that occurs within your condo's walls. Apr 1, 2024 ... A condo owner's insurance policy, called an HO-6, covers most of what you own within your unit, generally speaking. What does homeowners insurance help protect? · Loss of Use. If your home is unlivable after a covered loss, we'll cover your increase in living expenses. Most homeowners and renters insurance does not cover flood damage. · The National Flood Insurance Program (NFIP) has coverage options to protect your home, ... Q.Does Condo Insurance Cover Theft? Your condominium insurance will cover theft or burglary if your policy includes personal property coverage. Depending on the ... What Does Condo Insurance Cover? Condo Insurance standard coverage safeguards personal belongings, structural elements, liability, medical expenses, and loss of ...