Condo Insurance
Having condo insurance means you can rest assured that the interior of your condo and personal items will be protected if stolen or damaged. If you own a condo, consider purchasing condo insurance from us here at JPL Insurance Agency Inc in Ohio. It is similar to home insurance. It keeps your personal items and the inside of your home protected. It will include personal liability coverage.
Condo Insurance Requirements
Condo insurance is not required in Ohio. However, when purchasing your condo, your lender and the condo association will require you to obtain insurance.
Condo Insurance Coverage
Here is what condo insurance covers:
- Dwelling - This keeps the interior structure of your condo protected, including any upgrades you have made, such as hardwood flooring and appliances. If they become damaged by a covered peril, you will be protected.
- Personal belongings - This protects your personal property, including furniture, electronics, and appliances, if they become destroyed, damaged by a covered peril, or are stolen.
- Loss of use - If you are unable to reside in your unit temporarily, this will cover your extra expenses such as hotel and restaurant bills.
- Loss assessment - If the exterior of your condo building is damaged, and an assessment is levied by the condo association this will provide coverage per policy limits. This helps to prevent you from paying for them on your own.
- Personal liability - This covers your legal expenses and medical costs if you cause injury or damage to another person or property. For instance, if a visitor falls inside your condo this will provide for your defense.
- Medical payments - This may provide medical costs if another person is injured while visiting your condo, no matter who is at fault.
Quotes
To obtain a condo insurance quote, call JPL Insurance Agency Inc today. We serve all residents in the State of Ohio.
