Condominium Insurance 101 – Part 2 – The Basics

What is Condominium Insurance? If you are considering condominium living you should schedule an appointment with a qualified insurance carrier prior to taking ownership of your condominium. Following are some basic sections you will find in a condominium insurance policy. The Basics As a condo owner, one’s insurance needs are different than one who owns…

Condominium Insurance 101 – Part 3 – Master Insurance

What is Master Condo Insurance? A Master Condo Insurance policy is needed by any Condominium Trust or Condominium Association in order to cover the building(s) and the liability of the Condo Association or Trust. A Condominium Association or Trust’s bylaws will dictate the levels of coverage and any extra coverages that are required to be…

Condominium Insurance 101

Condominium Insurance One of the benefits of condominium living is that you can enjoy the financial benefits of owning your own home without the time or expense of home maintenance. However, the benefits of belonging to a condo association don’t take away all responsibility if disaster strikes. Although your condo may be covered by master…