Securing the Best Condo Insurance for Natick, MA Residents

Customize Your Condo Homeowners’ Insurance Policy Today

Many Massachusetts residents have discovered the merits of condo ownership versus renting an apartment or owning a single-family home. You don’t have to worry about maintenance and enjoy access to many community amenities. Condominiums are generally located in desirable locations, close to your city’s entertainment and business districts. For many, condos are more affordable to own than a home, thanks to lower payments and cheaper insurance premiums. Condo insurance works similarly to homeowners’ insurance, protecting you from losses and giving you peace of mind. If you need condo insurance in Natick, MA or a surrounding area, Connell & Curley Insurance Agency has you covered. Reach out to our team to get started with a customized condominium insurance quote today!

What Is Condo Insurance? What Does It Typically Cover?

Condo insurance helps protect you from unexpected damage and losses. Most condo owners’ insurance policies cover your personal and building property from damages caused by theft, vandalism, accidental water, fire, lightning, smoke, and windstorms. Condo insurance can also help you cover damage to improvements to your condo, including materials purchased for this purpose, such as new flooring or cabinets. Many condo insurance policies include personal liability and guest medical coverage to help you pay for any legal or medical expenses if a condo guest is injured while on your property.
Personal property coverage helps pay for repair or replacement costs for your belongings, including appliances, furniture, clothing, and electronics. However, there’s a limit on how much you can be reimbursed for damaged or stolen property under your claim. You may need to pay a deductible before your coverage begins, as well as any repair costs that exceed your coverage maximum. We can customize condo insurance to include higher limits on personal property and living expenses reimbursements (should you have to vacate your condo during repairs), flood or earthquake insurance, or personal umbrella insurance for the most comprehensive liability protection.

Why You Should Consider Additional Condo Home Insurance

Although many condo associations have their own insurance coverage, they typically cover the building, common areas (like the elevators, hallways, roof, or lobby), and liability insurance for the association itself. They don’t cover you or your personal property. Having your own condo owners’ insurance coverage is in your best interest, as you’re responsible for repairing damages within your unit and any bodily injury to guests inside your condo. We strongly suggest reading your condo association’s bylaws to understand what’s covered by their policy and what you’re responsible for insuring on your own. For example, some association policies may only cover your unit’s original structure and fixtures.