Condominiums are prone to damages resulting from burst pipes, HVAC malfunctions, and appliance leaks. Of all these, water is the leading cause of condo damage and carries more than 70% of condo damage claims. Although some conditions such as water backups from a building’s rooftop pool and toilet overflow from leaks by units above the […]
In this article we will cover some of the basics you need to know regarding condo insurance. Condo insurance is a type of insurance policy that provides a cover for everything that is inside your condominium. Anything else that is outside of your condominium unit is covered by the association’s insurance policy. In most cases, […]
Purchasing a condo is very similar to buying a house in the sense that you will have the freedom to live in your own space without any interruptions but you also have to take care of it. So, if that is the case, why is it that there are different types of insurance for condos […]
Owning your own home is one of the ultimate life goals that we all try to achieve. The last thing anyone wants to think about is losing their investment in an unfortunate event which is why condo insurance is an insurance cover that is targeted towards people who want to protect their condo from a […]
