Why is it important to choose an insurer with a good rating? What is "surplus lines insurance"?

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 ... Sep 5, 2024 ... Quick Answer: – Covered: Plumbing accidents (eg, burst pipes), HVAC malfunctions – Not Covered: Flooding from natural disasters, neglect, sewer backups. 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 ... Condo insurance protects what your association doesn't. Condo insurance covers your personal belongings and the interior of your structure — from the walls ... Condominium Unit Owners Insurance: Although condominium associations usually have policies that cover ... Flood Insurance: Standard home insurance policies do not ... Jun 19, 2024 ... Homeowners insurance covers losses or damages to a dwelling and the belongings inside, as well as other structures on the property that are not attached to the ... 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 ... May 12, 2023 ... What coverages should a homeowner consider adding to their policy? 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 ... Homeowners' insurance covers damage or loss by theft and against perils which can include fire, and storm damage. It also may insure the owner for accidental ...