With so many great cities growing and attracting new residents, condo living has grown substantially in Colorado. When you purchase your condo, you are often presented with the cost of a master insurance policy shared with other condo community members. Make no mistake. You need your own individual policy for solid protection, which can be found at Right Way Insurance Solutions.
In the master insurance policy, only areas shared with community members or a shared wall may be covered in a disaster. However, when it comes to the inside of your condo, damage within will need to be covered with your own insurance policy. Whether it be a natural disaster, fire, or theft, the damage to your interior property is only covered by your own condo insurance policy.
What is Covered
Personal property such as equipment, appliances, furniture, clothing, and other valuable items that will need to be replaced will be covered in a claim. Also, any damage to these areas from water, fire, or other natural disaster is protected with condo insurance. Without condo insurance, you could find yourself struggling to make ends meet while working through the stress of the disaster.
If you are a pet owner, it is good to have a policy that comes with liability coverage. Should your pet bite a guest, your master insurance policy will not cover the damages. Without condo insurance, you could find yourself in financial distress due to these growing medical expenses.
Give Us A Call Today
Our team at Right Way Insurance Solutions is ready to assist you with getting condo insurance for your Colorado condo. Enjoy peace of mind with beautiful views from your condo, knowing you have the coverage you need. Call us today for a quote and have your questions answered.