Protect your condo and your possessions with condo insurance through Edison Insurance Company. Different from HOMEOWNER INSURANCE
, condo insurance is designed specifically for condos as it provides coverages for you and your possessions.
PROPERTY COVERAGES INCLUDED
When you own a condominium, you are responsible for what's inside your condo. Condo associations have master policies that cover the property, common areas and physical structure of your building. However, these master policies do not cover your personal property or your legal responsibility to others, and they may not cover improvements or customizations to your unit. Most condominium by-laws or trust agreements state that the condo owner owns or is responsible for everything within the unit, including permanently attached fixtures and improvements.
That's why you need condo insurance.
A basic condo insurance policy will cover damages to most of your personal belongings, as well as walls, floors, and ceiling coverings of your condo. With condo insurance, sometimes called an HO6 policy, damage to improvements, additions and alterations of your unit are covered. Your condo insurance policy also covers your belongings and the structural parts of the building that you own.
With condo insurance, you can select coverages which may include the following:
- Personal property
- Replacement value of your primary dwelling and specified permanent attachments, up to a specific value
- Bodily injury if someone is hurt on your property
- Liability for property damage
- Damage protection from dangers, such as fire, plumbing freezes, vandalism, and glass breakage.