A condominium refers to real property similar to an apartment; only the unit is owned rather than rented. Condominiums are typically part of a larger community, although each owner has a percentage share of the common areas, i.e., gym, tennis court, etc. Condo insurance in Alabama offers an essential way to protect your family, the unit, and personal belongings. If you are a condo owner in the greater Birmingham, AL vicinity, the licensed insurance specialists at Birmingham Insurance Brokers LLC can assist in determining how to protect your family and investments best.
When considering new condominium insurance (or updating a current policy) to protect against theft, fire, and vandalism, consider these important factors -
Condo insurance protects the unit's interior (including fixtures/permanent appliances) – usually defined as the space between the unit’s walls, ceilings, and floors.
A condo insurance policy covers the unit owner’s family’s personal belongings, including furniture, appliances, electronics, clothing, etc.
Condo insurance provides protection if the condo owner is found liable/responsible for another person’s injury or property damage.
Should the unit become temporarily uninhabitable (due to a covered loss), condo insurance offers reimbursements for temporary accommodations/food until you can return to your condo.
Supplemental insurance coverage options are available and a brilliant idea as they offer coverage for valuable items not covered by a traditional policy – i.e., identity theft, jewelry, artwork, to name a few.
Are you interested in learning how the Birmingham Insurance Brokers LLC can help protect you, your family, your belongings, and your home in and around Birmingham, AL? Call us as we offer a no-obligation consultation to help solve your condo and other insurance needs.