What are the requirements for a sprinkler system discount? What is "age of insured discount"?

A basic condo insurance policy contains five levels of coverage: dwelling (your unit), personal property, loss of use, liability, and medical payments to ... Jun 4, 2022 ... After all, HOA insurance typically doesn't cover individual homes or condos — only common elements and areas. Managing a homeowners association ... Common areas of the building that you share with your neighbors like parking areas, lobbies, stairways or elevators are generally covered by the condo ... 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 ... Feb 3, 2021 ... What does insurance cover? A master insurance policy covers the building and the areas used by unit owners. This includes parks and pools ... 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, ... Mar 31, 2024 ... Policies for corporations typically cover the exterior of the building, the inner workings (like elevators and HVAC) and common or shared areas ... 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 ... ... policy which offers additional coverages to provide the equivalent of comprehensive homeowners insurance. ... Do I need a FAIR Plan Policy? If you cannot ...