CONDO insurance

Condo Insurance: Protecting the Inside of Your Unit

Condo insurance can seem a bit complex at first. Homeowners typically purchase insurance to protect their house and the structures on their property, while renters insurance covers personal possessions in a rental. 

Condos, however, fall into a unique category between a house and an apartment. Although they differ in many ways, they still require proper insurance coverage. At Creekside Insurance, we’re here to guide you through the process and answer your questions about condo insurance.

Most condo associations carry a master policy that protects the building’s structure, common areas, and grounds, as well as shared fixtures and furniture. However, the level and type of coverage provided can vary greatly, and changes to the condo association’s insurance policy may occur over time. It’s crucial to understand what the master policy includes and how it impacts your individual unit.

Master policies often come in two types: “walls out” and “walls in.” A “walls out” policy covers everything outside your unit but excludes fixtures within it, leaving interior features unprotected. A “walls in” policy covers interior fixtures but does not include any upgrades or your personal belongings. Neither policy type will protect your personal possessions, which is where your individual condo insurance becomes essential.

Condo insurance doesn’t have to be confusing. Let the team at Creekside Insurance help you navigate your options and understand your condo association’s master policy. We’ll assist you in finding the right coverage for your unit and personal belongings so that you’re fully protected. Don’t wait until an unexpected event highlights gaps in your coverage—contact Creekside Insurance today!