Buying a condo is somewhat different than buying a house!

Most likely, you’ll be required to join a condominium association. The associations carry insurance on the properties, but just what IS covered?

Typically, the insurance they carry covers the building, common grounds (you share in the enjoyment of same) and liability insurance.

Because the insurance doesn’t cover your personal losses to your unit or personal property, you need to obtain insurance from a reliable company to protect those items. You’ll also want to insure against the liability for injuries sustained in your unit (like a fall).

Everything you put in the condo (or rental property!) is your responsibility. You need to know the value of these items. You can take photos too of those items or a video and then store it off-site. Consider a safety deposit bank at your bank for storing valuables and also for important documents. Need references to locate an insurance company. Call us, we can help!  314-542-9440