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Questions To Ask When Buying Condo Insurance

November 30, 2021

Did you know that your landlord’s insurance policy does not cover your condo? Unfortunately, many condominium owners in Spanish Fort, AL don’t know this and end up dealing with unpleasant surprises when accidents occur. In most cases, condo insurance covers your space, and the building insurance covers the exterior part of the block.

Before signing any condo insurance documents, Align Insurance Group recommends asking the right questions to get the most out of your policy. Here are a few questions we thought you should ask.

What does condo insurance cover?

You don’t want to buy a policy you’re not sure how it works. Your potential insurance provider should list the coverages for you and explain in detail what they cover.  Condo insurance generally covers your personal belongings, the walls and floor, and your liability needs. That means the policy will pay medical bills if someone is hurt while in your condo.

Will I be covered if I sublet my condo?

Yes. If you’re planning to rent your apartment on a long-term basis, let your insurance provider know to modify or rewrite your policy. If you live in your condo on a part-time basis, your policy will still be in force.

Does my condo insurance cover my pets?

Most insurance companies cover pets, but there are limitations on the type and breed of pets that can be insured. Ask your insurance provider about the pets you intend to live in the condo to know whether they’re covered or not. Dogs with a high rate of bites like pit bulls may be covered, but your premium rates may go up.

For all your condo insurance needs in Spanish Fort, AL, always work with a competent, certified, and skilled insurance provider like Align Insurance Group. We’re always happy to help you anytime you need us. Call us today!