What is the difference between misrepresentation and concealment? What is "breach of contract" in the context of insurance?

Don't make any assumptions. COMMON MISCONCEPTIONS. “Flood damage is covered by a standard homeowners insurance policy.” Flood insurance is not covered ... 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. 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 ... What it covers: HO-1 policies typically provide coverage only for damage or loss caused by 10 specifically named perils: Fire or lightning; Windstorm or hail ... Nov 5, 2024 ... Flood Insurance Coverage For Condos. Condo owners need to understand that their flood insurance usually covers the unit's interior—like drywall, ... Jun 4, 2022 ... After all, HOA insurance typically doesn't cover individual homes or condos — only common elements and areas. Managing a homeowners association ... 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. Q.Does Condo Insurance Cover Theft? Your condominium insurance will cover theft or burglary if your policy includes personal property coverage. Depending on the ... 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 ... 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 ...