The Basics of Condo Insurance

Condo insurance covers repairs of damage to the interior of your condo and replacement or repair of your personal contents that have been stolen or damaged by fire or vandals. Before purchasing condo insurance it is important to first review what coverages you have available to you under your condo’s homeowner’s insurance policy (the master policy) so you do not obtain duplicate coverage.  Master policy insurance usually only covers areas like the roof, walls and floors, and central heating units as well as the common spaces such as a meeting or exercise room in your condo community. Read on to learn more about the various condo coverages available to you through Wichalonis Insurance Agency in Cumming, GA. 

Types of Condo Insurance Coverage

  • Condo Personal Liability Insurance Coverage

Personal Liability coverage covers accidental injuries to anyone visiting you in your condo when an accident is your fault. It covers medical expenses as well as any resultant legal expenses.

  • Condo Guest Medical Coverage

Condo guest medical coverage covers medical expenses for someone visiting your condo even in the case that you are not at fault.

  • Building Property Coverage

Building property coverage covers the expenses due to damage to the walls, built-in bookcases, and other fixtures (integrated appliances) within your condo.

  • Personal Property Coverage

Personal property coverage covers damaged or stolen personal property including clothing, furniture, appliances, and electronic devices.

This type of coverage can either reimburse the actual cash value on a depreciated basis or can reimburse the replacement cost value.

Most personal property loss policies have a maximum coverage amount as well as a deductible.


Call us today or visit us online for a free condo insurance quote. The Wichalonis Insurance Agency serves the Cumming, GA and surrounding Forsyth, Georgia area.