Unlike homeowners, condo dwellers don’t own the building they live in or the land it sits on. Your master policy will cover the condo building and common areas, but you’ll need to put together a condo insurance policy to protect your unit and personal belongings inside.
Although it may not be required by your lender or your homeowners’ association, purchasing your own individual condo insurance policy is a smart financial decision to make.
Thanks to the ever-changing housing market, condo insurance is a very important part of anyone’s portfolio.
To find outstanding services and great coverage for your condo or townhouse, call Inside Insurance at 801-505-4300 or online at InsideInsuranceAgency.com
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Inside insurance was founded on the principle of Integrity (doing the right thing, even if no one is watching). We pride ourselves on putting our client’s needs first. Providing the most appropriate coverage is our first priority. As an Independent agency, we are able to provide our clients with the best insurance products available to suit their needs, and then match them with the best price available. We want to be your Agency for life and we strive to blow your socks off with our service to earn your trust in referring your family and friends.
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Article Source: https://insideinsuranceagency.com/is-condo-insurance-necessary/