Protecting your home is crucial, but what type of insurance will do it better? That depends on your property. Homeowners need to cover the entire structure and surrounding property. Condo owners, however, only need to insure the interior of their units, as the exterior is typically covered by the homeowners association’s master policy. When deciding between condo insurance and homeowners insurance, it’s important to understand the key differences so you have your property fully protected. Although both kinds of insurance provide essential coverage- including liability protection and personal property coverage- the scope of......

Owning a condo unit comes with unique responsibilities and insurance needs. Condo insurance, also known as HO6 Insurance, can cover all your personal property, the interior walls of the unit, and your liability in case an accident occurs inside. However, condo insurance can be complicated, and if you’re not careful, it can lead to unnecessary stress and financial setbacks. There are some common condo insurance mistakes that you should avoid to get the coverage you expect. From understanding the extent of coverage needs to documenting damages and considerations related to exclusions in policies,......

Purchasing a condo is a lifestyle choice. However, buying it is not a simple task as a lot goes into research and analysis before making the final decision. Condos require low maintenance and are typically more affordable as compared to a single-family house. But it’s still an enormous investment, so you need to take your time and look into some factors to consider before buying a condo. Before diving into the factors to consider before buying a condo, let’s understand its benefits. What are the Benefits of Buying a Condominium? Flexible Living- For......