Condo Insurance In Naples

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 Condo insurance typically 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 does my condo association cover?

 

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

 

What are condo insurance exclusions?

 

As with home insurance policies, condo insurance doesn’t cover specific peril types:

  • Floods

  • Earthquakes and mudslides

  • Settling

  • Natural deterioration and neglect

  • Birds, rodents, insects, and domesticated animals

 

How much does Condo insurance in naples cost?

 

The cost of condo insurance in Naples, FL varies depending on your agreed-upon values of the policy, chosen deductibles, insurability, and other factors. To request a free condo quote, feel free to call us at (239) 353-3500 or fill out our online form.