Additionally more and more lenders are requiring condo owners to secure "walls-in" coverage that can be secured by a condo owners policy.

The good news is that securing this coverage will often lower your auto insurance premiums with a multi-policy discount!

Available Coverages:

• Personal Property - applies to the policyholder's personal property anywhere in the world. There are limitations to theft of certain types of items, such as jewelry, furs, silverware, goldware, firearms, etc.
• Dwelling or Improvements - covers fixtures and improvements such as cabinets, flooring and lighting, as well as free standing structures.
• Loss Assessment - provides coverage in the event your condo association levies an assessment on each condo owner to make common area repairs.
• Loss of Use (Additional Living Expenses) - covers living expenses if your condo becomes uninhabitable as a result of a covered loss.
• Personal Liability - Coverage is provided if a claim or a suit is brought against and insured because of bodily injury or property damage allegedly caused by the insured. Coverage includes defense costs.
• Medical Payments to Others - covers the necessary medical expenses incurred by others (not an insured). Coverage does not imply negligence.
• Workers' Compensation - Pays medical expenses for your personal part-time employees, such as nannies or maids, who are injured on the job.
• Condos Rented to Others - provides liability and contents coverage on your condo when you rent it to others.