You need to know what is and is not covered on every insurance policy that you hold. You don’t want to wind up unable to cover losses that you thought were already under protection, so you’ll want to read the fine print, do your research, and, when shopping for providers with HighPointe Insurance Services LLC, don’t be afraid to ask questions.
So, what does condo insurance cover?
The long and short of it: Usually, just the building itself.
This means that it does not cover your belongings. Any damages that happen to the outside of the condo will be covered by your condo insurance, and many condo insurance policies will cover appliances and home repairs and so on, but beyond that you need to make sure that you have a personal property protection plan in place. Some condo insurance policies will have this provision by default, but that’s not something that you should take for granted. You may need to take out an additional policy in order to make sure that your valuables are protected in the case of theft or damages.
Because your condo insurance will typically be bought through your condo association, your options to shop around might be limited. Some condo associations will buy insurance that protects valuables in the event of a hurricane or fire, other will not.
Again, every policy is different, so you won’t know for sure what’s covered until you check. But in general, you can expect that your condo insurance only covers your Overland Park, KS condo and not much else. Talk to HighPointe Insurance Services LLC about buying additional insurance if you’re worried that you don’t have adequate protection.