While your condo might be one of many units in a complex, it is important that you ensure your living space and personal property is protected. Condo insurance provides you with coverage that may not be included in the building's policy. In the event any of your personal belongings are damaged in your condo, you will want to make sure you have a policy that makes sure those damages are covered. Tsm Insurance is here to help you and all condo residents in Modesto, CA learn what you need to know about condo insurance and can create an insurance quote that is right for you.
At Tsm Insurance, we are here to answer any questions you may have, including how much condo insurance you might need. Our goal is to help you build the correct policy.
Several different coverages that go into a condo insurance policy. Before you get a quote, it's important to look into how much coverage you need for your residence. Here are some basic coverages and types of insurance that are available to you:
Includes the protection of personal items like clothing, electronics, furniture, and other items that would fall under covered losses.
Loss of use coverage
Condo residents would be reimbursed for additional living expenses when a covered loss prevents you from living in your home.
Building improvement coverage
If you decide to put an addition on your condo or are looking into alterations, improvements, installations, or fixtures, this policy will cover damages that could occur during these processes.
Personal liability coverage
In the event someone gets injured in an accident in your condo, this coverage helps pay for covered damages or bodily injury.
Condo loss assessments coverage
This type of policy would help pay for assessment fees that could be charged by your association in the event of a covered loss to your residence.
Medical payment coverage
Not only is personal liability coverage an option, but you can protect yourself from medical payments or funeral costs if someone is injured on your property.
Credit card coverage
In case you discover unauthorized transactions on your credit cards and/or bank debit/ATM cars, this policy helps pay up to your selected limit for unauthorized transactions. This can be applied to forged checks and counterfeit money.
If you need to cover more in your life than just your condo, combining policies can be a great way to get the protection you need while saving time and money. With Nationwide, you can save when you bundle your condo and car insurance. With a bundled condo and auto insurance policy, you will also benefit from:
Ready to see how Nationwide and Tsm Insurance can help protect your condo? Get a condo insurance quote today and see how easy it is to work with us.
To get a condo insurance quote quickly, you can get one from Nationwide in a short amount of time. Tsm Insurance is here for all residents looking for a detailed, personalized quote. Our job is to work closely with those in Modesto, CA to find a quote that suits your needs.
Condo insurance comes down to specific needs and policies. You could have coverage that includes everything offered in a basic plan, like content coverage, personal liability and condo loss assessments. If you wanted to add to this, there are optional coverages like earthquake and ID theft that could be included as well.
Condo association insurance covers public areas and other shared amenities in your complex like parking lots, tennis courts and other spaces available to those who also live in your community. This type of coverage includes liability protection in the event someone gets hurt in one of these public areas like the tennis court and decides to sue and if a building suffers damage from a natural disaster. Condo association coverage is different from general condo insurance, which is similar to what you would expect from a homeowner's insurance policy.
If you rent or own a townhouse, the type of insurance coverage you need depends on the situation. If you are renting, you'll need renters insurance. If the townhouse is part of a homeowner association, you'll need to get condo insurance.
Tsm Insurance and Nationwide will supply you with a quote for condo insurance free of charge. We have a quick-and-easy quoting process where condo residents can get a quote in just a few minutes. Visit our condo insurance quoting tool to get started on a quote today.