If you live in a condo, you’re probably aware that your condo association has an insurance policy. Knowing what this insurance policy covers can help you decide what kind of insurance you need to ensure your condo is protected. The professionals at Pro America Insurance servicing Naples, FL can help with this. We’re happy to answer your questions about condo insurance, so you can decide what kind of insurance is best for you. 

What Does Condo Association Insurance Cover?

Condo association insurance covers the common areas or shared spaces around your condo, like the lobby, outdoor spaces, rec rooms, elevators, and the parking lot. Your condo association insurance also covers the structure where your condo is located, so if a covered event causes structural damage, the condo association insurance should help pay for repairs or replacement costs. 

Why Do You Need Condo Insurance?

Condo association insurance doesn’t cover the interior of your condo. The floors, ceiling, walls, and your belongings are not covered by condo association insurance. You need condo insurance for this type of coverage. This means that if your condo is damaged in a covered event, your condo insurance should help pay to repair or replace damaged parts of your condo’s interior as well as your personal belongings. Condo insurance can also help pay for loss of use, which means that if you need to move into another home while your condo is being repaired, the condo insurance may pay for it. 

Want Condo Insurance? Work With An Independent Insurance Agent

If you need condo insurance, the professionals at Pro America Insurance servicing Naples, FL can help. As an independent insurance agency, we can provide you with the information you need to choose the best insurance policy for you. We also work with many insurance carrier partners, so we can help you shop around for a new policy. Call today.