Ardent Insurance Group: Naples-on-the-Gulf Condo Insurance
Condo Insurance: The Basics of Coverage
If you live in a condo, your Condo Association probably provides some level of rudimentary insurance coverage. Typically, such coverage is limited to one of the following three types of policy:
• Coverage for the complex’s primary building and common areas
• Coverage for each building and for items within each unit considered to be property of the condominium complex
• Coverage for each building, each individual unit, and for any fixtures or improvements to the unit made by the occupant
Condo Insurance Liability Coverage
Condo association coverage also typically features a small level of personal liability coverage. For most occupants, however, this coverage won’t offer sufficient against every possible liability.
For example, if a guest suffers an injury or property damage while in your condo, association coverage may not be sufficient to cover the damages—especially if you get sued. Additionally, condo occupants themselves get no coverage at all for injury or property damage.
Know Your Condo Insurance Coverages
If you’re a condo owner, it’s crucial to know the types and amounts of courtesy coverages provided by your condo association. Understanding those built-in coverages will help you make informed choices regarding condo insurance and the coverages you need to gain maximum protection.
Condo Insurance Protects Your Investment
For most people, buying a condo represents one of the largest investments they’ll ever make. You wouldn’t dream of carrying insufficient coverage on your house, and sufficient condo coverage is just as important. Without it, you stand to lose almost everything in a disaster. Like solid home insurance, a comprehensive condo policy protects your assets, allowing you to more-easily recover and get back to a normal life when disaster strikes.
What Does Ardent Condo Insurance Cover?
With sufficient condo coverage, you can protect your condo from fires, wind and hailstorms, lightning strikes, theft, and other events not covered by association coverage.
What Are Condo Insurance Exclusions?
As with home insurance policies, condo insurance doesn’t cover specific types of events:
• Earthquakes and mudslides
• Natural deterioration and neglect
• Birds, rodents, insects, and domesticated animals
Discounted Condo Insurance with Multiple Ardent Policies
If you purchase condo insurance through an Ardent carrier, you may be eligible for discounts if you’re an existing Ardent policyholder. Whether you’re an existing Ardent customer or not, ask us about multi-policy discounts when you bundle condo insurance with other policies.
Contact Ardent Insurance Group for a Free Condo Insurance Quote
If you’re shopping for condo insurance in Collier County, we’d like to hear from you. As an independent Florida insurance agency, we partner with numerous insurance carriers, enabling our agents to do the shopping around on your behalf! This saves you time and money.
If you’re ready to start a new friendship with an auto insurance agency that wants you to make informed coverage decisions, call Ardent today at (866) 727-3368. Or for a free online condo insurance quote, just fill out the form on this page.
Ardent Insurance Group: Passionate about proper coverage.