Condo Insurance Explained at Car Insurance

Condo Insurance Explained. Because they did not have insurance and it was an issue in their unit, it was their responsibility to cover the cost of these damages. What exactly does condo association insurance cover and do you need your own personal policy?

What Does Homeowners Insurance Cover? | Allstate
What Does Homeowners Insurance Cover? | Allstate from www.allstate.com

Damage caused by neglect may not be. Keep reading for strata condo insurance explained! Condo insurance is a policy that is purchased by the owner of a condo unit.

What Does Homeowners Insurance Cover? | Allstate

The homeowner association (hoa) may pass on part of the bill to unit owners. Similar to homeowners insurance, condo insurance is financial protection for condo owners. Condo insurance or ho6 policy may seem hard to understand at first because it is a “walls in” concept, and in most cases, you simply own the air space. Within that space, you have quite a few things that you will need to insure.