Condo insurance coverage

Helps insure your items of real property, including building additions, alterations and installations which are part of your unit and are your insurance responsibility according to the governing rules of the condominium association.3

Helps protect personal property in your condo like clothes or furniture. It can also help provide protection for the personal property you take with you while away from home.

If a fire, explosion, tornado or other insured loss causes your unit to be uninhabitable, you might need somewhere else to stay. How does this coverage work?

Recognizes the potential for condominium associations to assess unitowners for certain kinds of losses. What type of circumstances might require the condominium association to assess all unit owners?

For covered losses, loss assessment coverage would pay your unitowner share, up to the limit of coverage you select. You should review the need for this coverage with your agent and buy an appropriate amount of coverage.

Helps protect you if others make a claim or bring suit against you for bodily injury or property damage for which you or a covered resident of your household are responsible, either in your home or elsewhere and to which coverage applies.

In addition to settlement costs, this coverage may pay defense costs and court costs, even if a suit brought against you is groundless.

It is essential that you select liability limits high enough to protect your assets. If you need more protection than your regular policy limits, consider a personal liability umbrella policy. It helps add an extra layer of personal liability protection for exposures you may have from your car policy, your boat policy (if you have one) and your condominium unitowners (homeowners) policy.

This coverage helps pay medical expenses for covered claims up to the limits in the policy for people who are on your premises with your permission and are accidentally injured. The coverage also extends to people accidentally injured by your activities. However, the coverage does not pay for medical expenses for you, your family members or other individuals that regularly reside with you or on your insured location.

May cover damage to covered property resulting from a building collapse caused by certain perils.

Helps cover certain losses up to $1,000 in relation to theft or unauthorized use, forgery or alteration, and acceptance of counterfeit currency.

Helps provide payment for damage to property of others accidentally caused by an insured with some limitations.

Helps cover reasonable expenses incurred to remove the debris of covered property that has been damaged by a covered loss.

Pays up to $500. Higher limits may be purchased in states where available.

Helps pay expenses you incur for first aid to others for bodily injury covered by the policy.

Automatically increases the amount of your insurance coverage on your building property and personal property as inflation changes the cost of replacing your property. The changes are based on the movement of an inflation index and are reflected in the premium at each annual policy renewal.

Helps pay to re-key, replace, recode, program, or reprogram the exterior locks to your home and other structures located on the residence premises when the keys or remote devices used with those doors are part of a covered theft loss.

May cover loss to the contents of an on-premises refrigerator or freezer resulting from power or mechanical failure.

Helps cover temporary repairs incurred to protect covered property from further damage from a covered loss.

Helps cover damage caused by fire, lightning, explosion, riot, civil commotion, aircraft, vehicles (not owned or operated by a resident of the residence premises), vandalism, malicious mischief, or theft.

Helps cover loss to a covered building and covered property in a building resulting from airborne volcanic shock waves, ash, dust, particulate matter or lava flow.

If you own a home in a condominium association but rent it to others 100% of the time, please contact your agent about a rental condo unitowners policy.

Including but not limited to damage caused from flood, underground water, earthquakes, mudslides, settling, deterioration, contamination, nuclear hazard, birds, rodents, insects or domestic animals. If your community participates in the National Flood Insurance Program (NFIP), you can buy flood insurance coverage through agents enrolled in the NFIP-Direct program.


Business pursuits or professional services. Learn more about business owners policies.

Liability from your ownership, operation, use, or maintenance of aircraft, motor vehicles and certain watercraft.