Condo Insurance
In Indiana
Condo insurance is critical to have if you own a condo. Condo insurance will keep your personal unit protected in the event it is damaged. It will also protect your personal belongings. We can provide you with a policy for condo insurance here at Trestle Insurance Agency Inc. in Evansville, IN. Depending on your condo insurance policy, it may also cover temporary housing in the event of a covered loss.
Condo Insurance Requirements
Condo insurance is not a requirement in the state of Indiana. However, your mortgage lender may require you to purchase condo insurance.
Condo Insurance Coverage
Condo insurance covers all of the following:
- Dwelling - This protects the structure of your condo unit and any upgrades you have made, including custom hardwood flooring and built-in appliances, if they become damaged.
- Personal property - This covers your personal items, including furniture, appliances, and clothing, if they become stolen, destroyed, or damaged by a tornado, windstorm, vandalism, or fire.
- Loss of use- This covers any additional living expenses if you are temporarily forced to relocate following a covered loss. It will cover gas money, hotel stays, and food.
- Loss assessment - If any of the shared spaces in your condo building or the exterior of the building itself becomes damaged, this will help cover any remaining costs.
- Personal liability - This will cover any of your legal fees and medical expenses if you cause damage or injure another person.
- Medical payments - This will cover medical expenses such as surgery, ambulance ride, x-rays, etc., if another person injures themselves while inside your condo, no matter who is at fault.
Quotes
To receive a condo insurance quote, call Trestle Insurance Agency Inc. today. We are located in Evansville, IN.