Florida Condo Insurance – More Affordable Than You Realize
Need an insurance quote for your condo or townhouse? You’ve come to the right place.
If you own a townhouse or condo, you have different insurance needs than the typical homeowner. Not only do you own your individual condo, you also share ownership in the common areas and overall structure of your building. If shared areas need upkeep and maintenance, your association will typically handle the expense through their insurance package. Although your association dues help pay for upkeep of the common areas, they do not typically cover your personal property within your own unit, or your liability if someone is injured on your property. This is where Florida condo insurance comes in.
Florida condo insurance provides protection where condo associations do not. Condo and town house coverage protects your possessions within your unit, including furniture, appliances, kitchen and bath facilities and your personal items. If you plan on upgrading your unit, any improvements you make will also be covered under your policy, including wall units, renovations, and wallpaper.
When considering the level of security you want to get from your Florida condo insurance, you should ask yourself:
- What is the association responsible for insuring?
- What am I responsible for insuring?
- How much coverage do I need for my possessions?
- Do I have replacement cost or actual cash value coverage for my possessions?
- Are there policy limits for my valuables? Should I purchase more coverage for those items?
- Do I need earthquake or flood coverage for my unit or possessions?
With all these questions and varying degrees of liability and responsibility, it’s easy to feel a bit overwhelmed. At The Welch Group we’ll take the time to help you choose the best, most affordable condo insurance in Florida.
Contact The Welch Group today for more information on your Florida condo insurance options.