Condo Insurance

  • homeowners insurance
    Condo Insurance,  Homeowners Insurance

    Do I need homeowners insurance for my condo?

    Yes, it is generally advisable to have homeowners insurance for your condo. While the structure of the building itself is typically covered by the condominium association’s master policy, your personal belongings, improvements or alterations you make to the unit, and personal liability are usually not covered by the association’s policy. Condo insurance, often referred to as HO-6 insurance, typically includes: Personal Property Coverage: This covers your personal belongings, such as furniture, clothing, electronics, and other personal items in case of events like theft, fire, or vandalism. Improvements and Betterments: If you make upgrades or improvements to your condo, such as adding a new kitchen or bathroom, your insurance can provide…

  • condo insurance
    Condo Insurance

    Is Homeowners Insurance Necessary for Condo Owners? Unveiling the Facts

    As a condo owner, you may be wondering whether homeowners insurance is necessary for your specific needs. While condo insurance is often a requirement, understanding the difference between homeowners-insurance and condo insurance is essential in making an informed decision. In this article, we will delve into the importance of homeowners-insurance for condo owners, address common misconceptions, explore the coverage provided, and provide tips for finding the best homeowners insurance for your condo in Bend, Oregon. Understanding the difference between homeowners insurance and condo insurance Before we delve deeper, let’s clarify the difference between homeowners insurance and condo insurance. This insurance typically covers both the structure of a home and the…