Considering Condo Insurance
Condos associations will secure a master policy. This translates to the protection of the physical building, structure on the grounds, common areas, and any furniture on the grounds. This type of coverage can vary from association to association. Typically, condo associations carry two types of policies: ”walls in” and “walls out”.
Walls In and Walls Out Policies
Walls In Policy
Also called Single Entity Coverage or Studs Coverage, walls in policies cover a condo building from the exterior framing to the walls in the home. Typically, this is bought by the condo association.
Walls Out Policy
Walls out policy generally will cover damage that is done to the exterior walls, roofs, and other property constrained inside the exterior walls. This, however, does not cover anything inside the unit
Find Out More About Quality Condo Insurance Coverage
Every condo is going to be different. It’s imperative that you find the right coverage for your situation. Discover your
condo’s master policy and then visit the true insurance professionals. Don’t wait until disaster strikes, come with our
agents for the right plan today!