Owning a condominium in Florida can be a wonderful investment, but choosing an insurance policy for your condo can be confusing. While houses tend to fall under homeowners insurance, and apartments qualify for renter’s insurance, the insurance needs of a condo owner won’t quite fit under either of those umbrellas. Insurance programs for Florida condos cover areas specific to your living space to ensure the complete possible coverage.
What to Look For
When shopping for condo insurance in Florida, it’s important to look for a program that includes coverage specific not only to your home type but also to your geographical area. Insurance programs for Florida condos should include specialized coverage to ensure optimum protection of all your assets and property. Some examples of coverage you should look for might include:
- Temporary alternative housing expenses in the event of a disaster
- Liability coverage to protect you if someone is injured in your condo
- Available flood insurance, whether or not you’re in a risk zone
- Personal property protection in case of damage to furniture or possessions
Your living situation is unique, so your insurance should be unique as well. There are insurance programs for Florida condos available to offer you that unique coverage. Don’t settle for a renter’s or homeowner’s policy that won’t provide you the custom-tailored coverage areas a condo owner needs.