Owning a condo differs from homeownership in a couple of ways, and those differences are reflected in the different types of policies available for each. Here at Travers Insurance, we are dedicated to providing our Webster Groves, MO area clients with the information necessary to make an informed decision when selecting their condo insurance policy. There can be some points of confusion regarding an understanding of what is and what isn’t covered by a condo association. Yes, that policy will cover some events, but it is imperative to have a dedicated policy for each unit.
Protect your condo with a comprehensive insurance policy
There is one common point of confusion when it comes to condo insurance. While the condo association will take care of maintenance and insurance of common areas and the building structure in most cases, an owner cannot rely on that coverage for their individual unit.
For instance, if there is a flood on another floor and the water damage extends to your unit, it is more likely than not that you will be responsible for repairing any damage. This can be difficult for some condo owners to understand, and rightfully so!
With a comprehensive condo insurance policy, you can rest assured that your unit is protected! Robust policies protect many unplanned events that can be disruptive to your life. When you know that your unit will be back to normal, it gives you great peace of mind!
Find the condo policy that meets your needs.
Clients of Travers Insurance in the greater Webster Groves, MO know that they can rely on us for all of their insurance needs! Call or stop by today to learn more about all the different available condo policies!