Condo Insurance in Athens, GA

Condominium living involves more than just comfort; it requires proactive protection against potential risks. Securing the right condo insurance is essential for your financial protection and peace of mind. At La Oficina Insurance Agency, we provide quality insurance solutions for residents in Georgia, so they can enjoy the freedom and convenience of condo living.

Insurance for Condo Owners 

Condo owners insurance, also known as condominium or HO-6 insurance, is a type of insurance policy designed specifically for those residing in a condo unit. While condominium associations typically have a master insurance policy that covers the building’s common areas and the structure itself, condominium insurance is needed to financially protect your personal property, liability and any parts of the unit not covered by the master policy.

What Is Condo Association Insurance?

Condo owners insurance is designed to financially protect your specific unit, your liability risks and personal belongings. Condo association insurance, also referred to as a condo master insurance policy, is intended to financially protect shared property (e.g., workout facility equipment) and common areas (e.g., walkways and pools) from damage and liability exposures.

A condo association or board of directors is responsible for securing this type of insurance. The cost of the master policy is then shared among unit owners, often as monthly dues.

What Condo Owners Insurance Covers

Coverage typically varies depending on the insurer and the policy of your choice. However, a condo policy may include the following coverages:

• Personal property coverage—This coverage may provide financial protection for personal belongings, assisting in replacing or repairing items like furniture, electronics and clothing in case of covered events such as fires, theft or vandalism, up to the policy’s limits.
• Personal liability coverage—This coverage may shield you from financial consequences if someone is injured within your unit, including medical expenses and legal fees.
• Additional living expenses coverage—This coverage may assist with supplementary living expenses like temporary lodging, meals and essential costs if your unit is undergoing repairs or reconstruction due to a covered event.

The Difference Between Condo and Homeowners Insurance

While homeowners insurance typically covers the entire property, condo coverage focuses on individual units and personal property within them. Our experts can help clarify the nuances between these policies, ensuring that condo owners make informed decisions tailored to their specific circumstances.

Get Coverage Today

Secure your condo with the ideal insurance coverage. Contact La Oficina Insurance Agency at 706-206-2513 to learn more about our policies and how they can safeguard your home and peace of mind.