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!

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. 

Condo Insurance FAQ

Condo life provides many benefits. You will not need to worry about property taxes, maintenance, or even yard work in most cases. Condos also offer great security and a fun community atmosphere. However, it is essential for those who live in a condo to consider condo insurance. At Asheville Insurance Center, serving Asheville, NC, we can help you better understand this critical type of insurance coverage. Keep reading to learn more. 

What Is Condo Insurance?

Condo insurance is a special type of renter’s insurance designed for condo life. Condo insurance will provide coverage for things that your landlord’s insurance does not cover for you. For instance, if your condo is damaged somehow, your personal belongings will be lost. The landlord’s insurance is not responsible for paying to have those items repaired or replaced. That expense will come out of your pocket. This could be financially challenging. 

Isn’t Insurance Included In My Rental Agreement?

Each condo will provide different benefits for tenants. It is crucial that you review your rental agreement to understand what is fully and is not covered. In most cases, the condo owner will have insurance to protect only certain parts of the condo complex. Things within your condo are often not protected. 

What Does Condo Insurance Cover?

Condo insurance provides coverage for your personal belongings and any parts of the condo that are generally not covered under the owner’s policy. You will need to review your rental agreement to pinpoint exactly what is and is not protected in your condo. This can vary greatly from condo to condo. 

If you would like to learn more about condo insurance or any other services, don’t hesitate to contact us at Asheville Insurance Center, serving Asheville, NC, and the surrounding areas. 


Basic Facts To Consider While Researching Condo Insurance

Asheville Insurance Center proudly serves the Asheville, NC community. We strive to make sure that residents find the coverage they need to protect their assets. We are an independent insurance agency. We can help you find policies to manage any risks that come your way.

Basic Condo Insurance Facts

Asheville, NC is home to several visually appealing condos. Staying in a condo includes multiple unique advantages. You may feel less stress compared to staying in a larger home. You won’t be required to perform regular maintenance on the outside of a home, as well as regular landscaping. However, there are still risks worth considering. That’s why you should consider the benefits of condo insurance.

Condo insurance helps you protect your personal items if they are damaged or stolen. Liability coverage is also an important part of your policy. Liability coverage protects you if someone is injured while visiting your property. This is especially important if you plan to host many friends and family over to your condo. Also, keep in mind that other people are living very close to you. If you accidentally start a fire or another type of disaster, liability coverage will protect you if you damage someone else’s property.

Condo insurance covers the interior of your unit as well. Any damage to the floors, walls, carpet, and lights is protected. If you have any luxury items inside your condo, you’ll have to amend your policy to cover those items if they are vandalized or stolen. Make sure that you read your manual and stay up to date on your homeowner’s association guidelines.

Asheville Insurance Center Will Help You Find The Coverage You Need

Contact our office to learn more information about condo insurance.

3 Ways to Secure Your Condo From Intruders

Living in the western mountains of North Carolina includes a number of luxuries for Asheville, NC residents. With so many flocking to this thriving city, securing your property in your condo is essential. Below are some tips we offer to our clients at Asheville Insurance Center. 

Keep Your Windows Locked

Because many condos are several stories up, it is easy for condo owners to relax with security. Trying to capture that mountain breeze in Asheville, NC is something that many condo owners embrace. However, when you are away, it is best to keep these windows locked to keep intruders from getting creative and using your windows as an entrance into your condo. 

Add an Alarm System

If your condo did not come equipped with an alarm system, contact a local vendor in your area and have one installed. Systems today are able to include a camera device so you can see who is attempting to enter your condo. Most suspects will defer from burglarizing a home that has an alarm system installed. Make sure that you take security stickers and place on your door and/or windows to make intended thieves aware of the security in your home. 

Use Timed Lights When Away

If you are not planning to be in your condo for an extended period of time, then you should have lights with timers that come on at different times to give others the impression that someone is home. Again, this will keep thieves who may be watching your home the impression that someone is home and in the condo even though you are away. 

Call us today!

Get your ultimate security protection today when you choose condo insurance. Our agents at Asheville Insurance Center are ready to get you the protection you need.