What types of losses are considered direct physical losses? What is "indirect loss"?

Q.Does Condo Insurance Cover Theft? Your condominium insurance will cover theft or burglary if your policy includes personal property coverage. Depending on the ... Watch: Does my insurance policy cover that? | What are covered perils ... Condominium insurance covers your personal property and the interior of your unit. Aug 3, 2023 ... Now, the damages typically are only covered up to the value of original materials installed in the unit. Any upgraded materials would be covered ... What does condo insurance cover? Condo insurance is designed to cover the interior of your condo and your personal belongings. We're here to answer ... 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 ... The condominium association's policy will assess property damage or personal liability claims in common areas only, while your insurance policy would cover ... Feb 14, 2024 ... Condo insurance covers things such as the unit owner's personal belongings, improvements/upgrades they've made to their unit, liabilities, and living expenses. Mar 28, 2025 ... A standard homeowners insurance will cover your dwelling and your personal belongings, and offer personal liability coverage for injuries that happen on your ... Personal liability insurance does not have a deductible you must meet before the insurer begins to pay losses. Liability coverage also requires the insurer 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.