As a condo owner, you’re responsible for more than just your personal belongings. While your condo association’s master policy may cover the building structure, it often doesn’t extend to your unit’s interior, improvements, or personal property. Condo Insurance from The Randy Mulcahey Agency ensures you’re protected where the master policy leaves off.
Condo Insurance bridges the gap between your association’s coverage and what you need as a unit owner. This coverage protects you from:
Interior Unit Coverage
Protects walls, floors, and fixtures within your condo unit.
Personal Property
Covers furniture, electronics, clothing, and other belongings against covered perils.
Liability Protection
Covers medical and legal costs if someone is injured inside your condo unit.
If you own a condo, condo insurance is essential. It’s ideal for:
A: Typically, the master policy covers the building structure and common areas. However, it won’t cover your unit’s interior, personal property, or liability.
Q: Does condo insurance cover water damage?A: Yes, condo insurance can cover sudden and accidental water damage. Flood coverage requires a separate policy.
Q: What is loss assessment coverage?A: Loss assessment coverage helps pay for special assessments charged to condo owners for damages to shared areas.
Don’t wait until it’s too late—protect your condo and belongings with Condo Insurance from The Randy Mulcahey Agency. Call us at 507-521-8498 or request a free quote online today!
