Condo Insurance Policies vs. Homeowners Insurance
Condo Owners Insurance vs. Traditional Homeowners Insurance
Look At Condo Owners Policies
Yes, you own your condominium
, but the nature of that unit is a bit different than a traditional free standing home. So your condo owners insurance will be a bit different than traditional homeowners insurance. And this will also be a bit different than a renters policy if that is what you were used to before.
You own your unit, but it is within a buidling that shares some common structures with the whole building. That building is probably managed by some type of conominium association. This association will have a policy that covers common areas.
Categories: Home Insurance Tags: condo insurance, condominium
