Category: Condo Insurance

In condo complexes, a unit policy is separate from a master policy, which covers the entire condominium complex. The master policy provides liability coverage for all of the common spaces and amenities, such as the exterior of buildings, hallways, elevators, lobbies, exercise areas, swimming pools, and other features that all condo owners share. It typically doesn’t cover any damage to individual units of condominiums. This is where unit policies come in. Blue Hen Insurance LLC, serving the Middletown, DE area, is here to assist with all your queries. 

What does a condo unit policy cover?

Unit policies are specific to each individual owner and provide coverage for damages to the owner’s property inside their condo unit or apartment. These policies may include coverage for furniture, appliances, and any other personal belongings that the unit owner owns. They can also provide additional living expenses if you are forced out of your home due to a covered loss such as a fire or natural disaster.

In addition to covering damage to your property, most condo unit policies will also provide liability coverage if someone is injured in your home or if you cause damage to someone else’s property while you are living in the condo. This type of coverage is important because it helps protect you from financial losses related to lawsuits or medical bills for injuries caused by you or on your premises.

Unit policies should always be supplemented with a master policy since it covers items that no single unit owner could be responsible for – like structural damage caused by storms or fires that impact multiple units at once. Both types of insurance work together to ensure that all condo owners are adequately protected against potential disasters that can occur within their shared community space.

Contact Us Today

If you have any additional questions, give Blue Hen Insurance LLC a call today. We proudly serve the Middletown, DE area. 

Condo insurance is designed to provide protection for condo owners, similar to homeowners insurance. However, like homeowners insurance, there are things that aren’t covered under condo insurance. Our team at Blue Hen Insurance LLC is committed to helping Middletown, DE condo owners understand condo insurance. 

Understanding Condo Insurance

What’s Typically Covered by Condo Insurance?

Condo insurance is designed to provide liability protection as well as coverage for damage, stolen items, and your unit’s fixtures and appliances. It’s designed to cover what the homeowners association (HOA) will not cover. For example, condo insurance would cover the repair of the inside of your unit/condo, and provide liability protection if you’re sued for negligence.

What’s NOT Covered?

Although there are many things that condo insurance covers, there are specific things that wouldn’t be covered under a condo insurance policy. Condo insurance will not cover damage caused by earthquakes, floods, nuclear hazards, underground water, and damage from birds, rats, and insects. Normal wear and tear, intentional harm to others, and sewer backups. You’ll need to purchase separate endorsements or a separate policy for coverage for these items. 

Other Considerations

Typically, damage caused by earth movement and natural disasters isn’t covered by condo insurance. It’s best to purchase separate coverage if you live in an area prone to these types of incidents. Damage caused by earthquakes, floods, sinkholes, and other natural disasters isn’t covered by condo insurance.

Our team at Blue Hen Insurance LLC is dedicated to helping our Middletown, DE customers understand what’s covered by condo insurance and what’s not. Our team can also help customers purchase additional coverage if needed. If you have questions about condo insurance, give us a call. We’d be happy to answer all of your questions.