• Home Improvement
    • DIY
    • Remodeling
    • Woodworking
    • Accessories
    • Home Design
      • Furniture
      • Organize
      • Tips
      • Decor
        • Interior
        • Exterior
    • Design Ideas
      • Bathroom
      • Bedroom
      • Dining Room
      • Living Room
      • Kitchen
  • Gardening
    • Backyard
    • Front Yard
    • Landscaping
  • Building Staircase
  • Categories
    • Home Improvement
    • Decor
    • Gardening
    • Woodworking
    • Lifestyle
    • Green Living
    • Real Estate
Dream Lands Design
  • Home Improvement
    • DIY
    • Remodeling
    • Woodworking
    • Accessories
    • Home Design
      • Furniture
      • Organize
      • Tips
      • Decor
        • Interior
        • Exterior
    • Design Ideas
      • Bathroom
      • Bedroom
      • Dining Room
      • Living Room
      • Kitchen
  • Gardening
    • Backyard
    • Front Yard
    • Landscaping
  • Building Staircase
  • Categories
    • Home Improvement
    • Decor
    • Gardening
    • Woodworking
    • Lifestyle
    • Green Living
    • Real Estate
featured image - How to Avail Condo Insurance from Garrity-Insurance.com
You're here: Home Home Improvement How to Avail Condo Insurance from Garrity-Insurance.com

How to Avail Condo Insurance from Garrity-Insurance.com

  • Perla Irish
  • January 3, 2022
Total
2
Shares
0
0
2
0
0
Table of Contents Show
  1. Coverage for the Bare Walls
  2. Coverage for Personal Belongings
  3. Liabilities and Accidents in the Home
  4. You Still Need a Master Policy
  5. You May Need a Rider
  6. Saving on Premiums

Condominiums are often situated by the ocean or similar settings, and the impressive homes have additional amenities that are shared with others in the community.

When choosing an insurance policy to protect the condo, the owner must review what coverage is available and determine if there are any extra inclusions or coverages that need to be added.  

image - How to Avail Condo Insurance from Garrity-Insurance.com
How to Avail Condo Insurance from Garrity-Insurance.com

Coverage for the Bare Walls

The standard policy offers coverage for the “bare walls,” which means the insurance policy protects the interior walls, ceilings, and floors. If any of these components are damaged, the condo owner files a claim through the insurer to fund all required repairs.

The policies define what events are covered, such as fires, water leaks, and natural disasters. Condo owners can learn more about condo insurance from garrity-insurance.com right now. 

Coverage for Personal Belongings

All personal belongings in the condo are covered through the condo insurance policy, and if the items are damaged, lost, or stolen, the policy covers the items. Typically, the coverage applies to all belongings with a base value for each one. Some policies offer true replacement values for the items, and the values are listed in the policies.


Read Also:

  • The Main Differences Between Buying a Condo vs. Buying a House
  • Making the Right Decision: All About the Condo Life
  • Why Your Cleaning Service Needs Insurance

Liabilities and Accidents in the Home

Any accidents that happen inside the condo are the responsibility of the owner, and if someone is injured, the owner must cover the cost of medical treatment and other expenses related to the accident.

With a condo policy, the individual has adequate coverage for any liabilities resulting from incidents inside the condo. The liability coverage doesn’t apply to shared spaces or any location outside the space, and a separate policy manages any exterior accidents.  

You Still Need a Master Policy

When purchasing a condo, the buyer is required to pay dues each year to maintain a master policy for the property. The policy offers protection for all shared spaces and provides funds to repair those areas. The insurance applies to the exterior of the condo and pays for repairs as needed.

If a visitor is injured while in the communal areas of the condo community, the condo owner’s association completes a claim to cover medical treatment and related costs. 

You May Need a Rider

If the condo owner has items in the property that are valued above the policy limits, the owner needs to purchase a rider to protect those items. When setting up the rider, the owner needs to get an official appraisal for the items to show the exact value.

If the items are stolen, lost, or damaged by a covered event, the owner completes a claim to collect the full value of the items. The owner can add a rider to their policy for different items, including artwork, jewelry, and antiques. 

Saving on Premiums

When reviewing the riders and coverage, the owner must consider risks to these items, and some insurers will discuss ways to mitigate risks. By following all practices recommended by the insurer, the owner may reduce their premiums.  

Condo owners know that a master policy is required by the condo owner’s association, but the policy is not the only type of insurance the owner needs.

A condo policy offers protection for the interior of the property and the owner’s personal belongings, and the owner gets adequate protection for liabilities. By reviewing the policies with an agent, owners find the best protection for their home. 

Total
2
Shares
Share 0
Tweet 0
Pin it 2
Share 0
Share 0
Perla Irish

Perla Irish, who is more familiarly known as Irish, is the Content Manager at Dreamlandsdesign.com. She loves following trends around home and garden, interior design, and digital marketing. Through this blog, Irish wants to share information and help readers solve the problems they are experiencing.

Related Topics
  • condo
  • coverage
  • insurance
  • policy
Previous Article
featured image - How to Trap Tourists: Renovations that Will Draw Renters to Your Property

How to Trap Tourists: Renovations that Will Draw Renters to Your Property

  • Perla Irish
  • January 3, 2022
View Post
Next Article
featured image - Outdoor Furniture DIY: 4 Tips and Tricks

Outdoor Furniture DIY: 4 Tips and Tricks

  • Perla Irish
  • January 3, 2022
View Post

Subscribe

Subscribe now to our newsletter

You May Also Like
Bright home interior with shiny hardwood floors, furniture sliders under heavy furniture legs, and protective moving tools nearby.
View Post

How to Move Furniture to a New Home Without Damaging the Floor

  • July 16, 2025
A compact, organized home workshop at night, with essential DIY tools and safety gear neatly arranged on a wooden workbench.
View Post

Troubleshooting Common DIY Home Repair Problems

  • July 15, 2025
A man disassembling a P-trap under a sink to remove hair and debris in a modern, minimalist kitchen.
View Post

Plumbing Maintainance: How to Properly Clean Plumbing Pipes

  • July 14, 2025
Switching to LED bulbs can boost home efficiency easily.
View Post

Energy Heroes – 6 Genius Hacks to Make Your Home More Energy Efficient

  • July 9, 2025
Anti-fatigue mats cushion feet and support balance, helping seniors stay active and independent.
View Post

Why Seniors Should Consider Anti-Fatigue Mats at Home

  • July 7, 2025
Outdoor patio with natural flagstone pavers, surrounded by lush greenery and bathed in soft sunlight, highlighting a rustic garden setting.
View Post

Flagstone Pavers – A Natural Choice for Timeless Outdoor Beauty

  • June 30, 2025
Professional commercial movers save time, money, and reduce risks better than DIY options.
View Post

Commercial Moving Services vs. DIY: What’s Better for Your Business?

  • June 27, 2025
Digital dashboard showing HOA management tools with calendars, documents, chats, and board members collaborating around a table in a suburban neighborhood.
View Post

How Anyhoa is Simplifying HOA Board Management for Communities

  • June 26, 2025
  • About Us
  • Privacy Policy
  • Terms of Use
  • Disclosure
  • Sitemap
  • Contact Us

Input your search keywords and press Enter.