How Does Condo’s Insurance Differ From Other Homeowners Coverage?

Like any other dwelling, owning a condo comes with many responsibilities. One of those responsibilities would be finding the proper homeowner’s insurance for your unit. So what is condo insurance, and how does it differ from regular home insurance? At the Asheville Insurance Center, we’re here to explain that.

What Does Condo Insurance Cover?

Condo insurance is the type of financial coverage that protects your condominium against losses. Those losses could be anything from theft to property damage. Suppose your condo has recently experienced property damage in the form of a break-in, a storm, or a structural collapse. In that case, you may be eligible to file an insurance claim at our agency. If you’re facing a lawsuit over the property, our team may also provide additional services related to liability coverage.

How is Condo Insurance Different?

In contrast to regular homeowner’s insurance, this kind of coverage tends to focus on the needs of the condo owner. Some homeowner associations will ask you to find an insurance plan that meets certain building requirements or insurance policies – sometimes from a specific type of provider. After consulting your HOA over the insurance requirements that need to be met, you can find an insurance provider focused on your condo’s needs; this sometimes includes home maintenance or landscaping duties. 

Condo Insurance in Asheville, NC

Are you looking for quality condo insurance in North Carolina? At the Asheville Insurance Center, our team recognizes that owning a condo comes with unique expectations. We’ve developed an approach that’s designed around working with you and the condo’s HOA team. If you’re interested in learning more about the policies we offer, contact our agency to get started.