Condo insurance is essential for different reasons. Your Richmond, VA condo needs protection from situations that are out of your control. Here’s what you need to know about condo insurance and how Cary-Wheeler & Associates Inc. can help you cover your condo.
What Does Condo Insurance Cover?
Condo insurance covers a lot more than you may realize. Cary-Wheeler & Associates Inc. can help you determine which coverage options are best for you.
Personal possessions coverage takes care of things if your belongings are damaged or stolen. These belongings can include clothes, furniture, electronics, and more. Under the personal possessions coverage, your belongings are protected even if they are not stored in your home and stored in a shed, garage, or in your car. You can also get an insurance policy under your condo insurance policy that covers art, computers, jewelry, and other expensive items.
Loss of Use
In the event your condo is inhabitable, this coverage handles the cost of your temporary living expenses. If your condo is damaged, you’re covered for rent, a hotel stay, and food expenses.
Personal liability coverage handles lawsuits against you or your relatives. If someone decides to sue you or a family member that lives in your home for injuries or property damage, personal liability covers the cost of your lawyer, court fees, and specific damages you must pay.
Medical payment coverage protects you if injuries occur on your property. This coverage handles the medical bills if someone is injured at your condo or the property surrounding your condo. If someone is injured in a common area of the condo complex, your association’s insurance should cover the medical cost.
When it comes to condo insurance in Richmond, VA, Cary-Wheeler & Associates Inc. has you covered. We provide a variety of insurance services. Contact us today to learn more about our insurance services.