Condo Insurance in Florida
If you have homeowners insurance for a condo you own, you could be paying for unnecessary coverage. Atlantis Insurance Inc can help you get the right insurance for your West Palm Beach, FL condo without paying for anything you don't need.
Condo vs. Homeowners Insurance
When most people purchase a home, their natural instinct is to purchase homeowners insurance. This insurance is designed to cover your home, yard, personal property, and related structures. When you live in a Florida condo, your homeowner's association may actually provide coverage for some of those things for you. A homeowner's association is typically responsible for insuring any common areas shared by condo residents as well as the exterior of the building. Keep in mind that this varies from condo to condo, so it's worth asking your HOA what's covered.
Understanding Your HOA Insurance
The insurance you 4/get through your HOA can vary quite a bit, so it's important to have an insurance agent help you understand the coverage your HOA offers. Even though this insurance is provided to you as part of the HOA services, most associations have a deductible that you're responsible for paying if something happens to your unit. You should know what's covered and what your deductible is in case something happens.
Supplementing Your Insurance
The best thing to do when it comes to insuring your Florida condo has an agent look at the coverage your HOA provides and help you supplement it. It's important to make sure everything is covered so you aren't left paying for expensive damages after a disaster. Our agents can help you determine exactly how much coverage you need so you're properly protected without overpaying.
Condo insurance may be a little different from home insurance, but it's still fairly simple. If you need help insuring your West Palm Beach, FL condo, our agents can help. Call Atlantis Insurance Inc today to talk with an agent and find out more.