Owning a condo in Santa Monica, CA is a dream come true but it comes with a lot of worries. Like any homeowner, you need to think about what will happen if you have something bad occur to your home. With a condo, the association has a master policy that covers the exterior area of your home and the common areas. Their policy covers both perils and liability in case someone is hurt on the property. How much their policy covers is something that you need to find out so that you can determine what is your responsibility. With Express Financial & Insurance Services you have someone to turn to when you need your questions answered.
Your personal property is not covered in the master policy of the condo association. If your condo is damaged or destroyed and you lose all of your personal items in your home, replacing them will be your responsibility. If that would be a financial hardship then having condo insurance is a necessity for you. Your personal property will also be covered against theft. If you have condo insurance and your personal property is stolen while you are away from home traveling, it will be replaced after your deductible is met.
This coverage protects you and your family members, even your furry friends from the results of an injury that hurts someone else. It covers medical as well as legal expenses.
Loss of use
If your condo is damaged by a covered peril and is uninhabitable, this coverage will help pay for a place for you to stay until you can come back home.
If you have questions about condo insurance in Santa Monica, CA, Express Financial & Insurance Services is there to answer them for you. Stop by their office or give them a call for a no-obligation quote.