What is the purpose of punitive damages? What are "compensatory damages"?

Nov 22, 2022 ... Condo insurance is like homeowners' insurance because it protects the interior of your condo unit and personal items. Dec 27, 2022 ... The condo association will often have an insurance policy in place to cover the building's exterior and its common areas. You will still need to ... The condominium association's policy will assess property damage or personal liability claims in common areas only, while your insurance policy would cover ... Condo insurance is a home insurance product offered by TD Insurance that provides coverage for your personal belongings, as well as any improvements or ... Condominium Unit Owners Insurance: Although condominium associations usually have policies that cover ... Flood Insurance: Standard home insurance policies do not ... Condo insurance, one of several essential types of homeowners insurance, will generally cover sudden water damage events stemming from your unit. What Does Condo Insurance Cover? Condo Insurance standard coverage safeguards personal belongings, structural elements, liability, medical expenses, and loss of ... Condo insurance covers what you're responsible for as a condo owner. That means your belongings, upgrades (custom cabinets), injuries at your place, lawsuits ... Besides, having condo insurance can help protect your personal belongings inside your home and provide personal liability protection should any accidents occur ... Sep 5, 2024 ... Quick Answer: – Covered: Plumbing accidents (eg, burst pipes), HVAC malfunctions – Not Covered: Flooding from natural disasters, neglect, sewer backups.