Buying a condo is an important investment and H. Levenbaum’s team of licensed professionals is here to help you protect it. We understand that your condo has unique risks that differ from the average homeowners’.
Condominium insurance can be complex; no two units are going to have the same insurance needs. Our local agents are intimately familiar with condo association requirements and will navigate through those regulations to make sure you have the right coverage for your situation.
As a condo owner, it is important to know that your condominium association’s master insurance policy does not cover your personal property in the event of an accident. That means your personal condominium policy must cover your personal belongings, appliances, and in some instances, fixtures that are installed or attached to the interior of your unit, and personal property in common areas.
Looking for ways to save? You can receive discounts on your policy if you:
Have active property management
Reduce the risk of fire (smoke alarm, fire extinguishers, in-home sprinkler system, etc.)
Reduce the risk of theft (Security alarm, deadbolts, etc.)
Are claims-free for an extended period of time