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How Condo Insurance Differs from Home Insurance

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How Condo Insurance Differs from Home Insurance

Condos are clearly different from houses but how is condo insurance different from homeowners insurance? 

A condo is different than a home or apartment in that, with a condo, you own the part of the building that you call home, but not all of it. Condo insurance is different from homeowners insurance, too. There are similarities as to what is covered, but there are differences in how it is covered. Condominium insurance is typically covered by two policies. One of the policies is held by your condo association, and the other policy is held by all […]