Condo Insurance

It is very important that you have a “Condo Insurance Policy” which covers your personal property inside or outside your home. The HOA policy does NOT cover personal property or personal liability. The HOA policy covers the structure itself and items inside which are permanently affixed to the home and liability for the Homeowners Association. If you or someone in your home started a fire which spread to other units, you would no doubt be sued for damages. A Condo Policy would protect you for such liability and should not cost over $110 to $140 per year. It is an insurance that is low cost and is of great benefit.