Condo and co-op insurance should be considered alongside the association’s master policy. The boundary between the building’s insurance and your own can affect interior improvements, belongings, liability and assessments.
General information. Actual coverage depends on the policy.
Compare the details that matter.
The right quote should make the coverage easier to understand. Here are useful things to review with Daniel.
Master-policy responsibilities
Interior improvements and personal property
Loss assessment options
Liability and additional living expenses
A little preparation. A clearer quote.
Bring the association’s insurance requirements and master-policy summary.
Describe interior improvements and the unit’s occupancy.
It helps identify what the association insures and what you are responsible for. The broker can use it to help spot gaps when discussing your own policy.
What do I need to get a quote?+
Bring the association’s insurance requirements and master-policy summary. Describe interior improvements and the unit’s occupancy.
Does requesting a quote start my coverage?+
No. A quote request does not bind, change or cancel insurance. Coverage starts only when confirmed by the insurer or an authorized representative, subject to the effective date, policy terms and any required payment.