
Condo Insurance Quote
Do you have an adequate Condo Insurance Policy? Over the years, condominium association master policies have increased deductibles and decreased coverage. For example, many condominium association master insurance policies do not include coverage for a condo from the studs-in. This means that the unit-owner must now bear the responsibility to cover items like, cabinets, sinks, toilets, bathtubs and flooring.
Additionally, deductibles for condominium association policies have sky rocketed, making it necessary for unit-owners to make certain that loss-assessment coverage is adequate to cover shortages brought on by these deductibles.
Here is an article by the International Risk Management Institute titled “10 Steps to a Well Designed HO6 Policy,” check it out to see if your HO6 coverage is appropriate.