Condo Insurance Myths To Watch Out For

Harrison Insurance and Financials LTD provides coverage to the Hailey, ID community. We strive to make sure that our clients find the right policies to protect what matters most. We work with multiple carriers to help ensure that our clients receive flexible coverage. For over 25 years, we have proudly served the community as an independent insurance agency. We look forward to helping you find the coverage you need.

Condo Insurance Myths to Watch Out For

Hailey, ID is home to many scenic condos. If you are staying in a condo, insurance helps protect your assets if something goes wrong. Condo insurance also includes liability coverage so that you will be protected if you invite a guest, and they suffer an injury or if you cause damage to someone else’s property. While researching condo insurance, it’s important that you avoid some misconceptions about condo insurance.

I Don’t Have Any Valuable Assets

Many people make the mistake of assuming that they don’t need condo insurance because they don’t have any valuable assets to protect. Every item has value. Think about how much of an inconvenience it may be to replace your computer or TV if something happens to it. Condo insurance protects your assets if they are stolen or damaged. This can help you enjoy a peace of mind.

I Can Rely On the Owner’s Policy

An owner’s policy will protect against any damage to your unit’s structure such as the walls or flooring. However, the owner of the unit is not responsible for your personal items. If your personal items are stolen, having condo insurance is the only way to cover those items. Also, if you plan to make any upgrades to your condo, you will need to amend your policy to protect those upgrades against possible damage.

Harrison Insurance and Financials LTD Will Help You Cover Your Assets

Visit our website to learn more information about condo insurance.