Does Condo Insurance Cover Repairs?

Many events might have sparked your search when you’re looking into condo insurance in Asheville, NC. Maybe you have a faucet that is always leaking or a hole in the wall that needs to be patched. Or perhaps you’re just thinking of the future costs of repairs for your condo and wonder if condo insurance could make these fixes more affordable for your budget. Whatever the case, Asheville Insurance Center is here to help you decide if condo insurance might be right for you.

What does condo insurance cover?

Similarly to home insurance and renter’s insurance, condo insurance typically covers some combination of liability related to the condo, the replacement of certain valuables in the event of theft or disaster, and repairs under certain circumstances outlined in the specific policy.

Does condo insurance cover repairs?

While every condo insurance policy has different terms, condo insurance policies can sometimes cover repairs in specific situations. For example, a condo insurance policy might cover repairs after a break-in or a qualifying disaster such as a house fire. These kinds of coverage might have limits or qualifying factors.

For a renovation to your condo for cosmetic purposes, finding a condo insurance policy that provides coverage for this type of repair might be difficult. Still, questions surrounding what repairs are covered and not covered are great to ask our insurance agents. That way, you can decide if condo insurance is right for your needs.

Even if a condo insurance policy does not cover certain types of repairs, having one is worthwhile, just in case.

If you want to know how our condo insurance policies can help you prepare for emergencies, call Asheville Insurance Center in Asheville, NC today!