Condo Association Insurance FAQs

If you own a condo, you need to learn a thing or two about condo insurance. Since condo insurance confuses many, Gallina and Sons of Pittsburgh, PA has prepared a FAQs section to answer commonly asked questions about condo insurance.

Isn’t my condo covered by condo owners association (COA) policy?

While it’s true your condo has COA coverage; this insurance plan protects the exterior of your condo and liabilities occurring in common areas like the lobby and swimming pool. For any liabilities or damages happening inside your condo, that’s where condo insurance comes into play.

What does condo insurance cover?

Investing in condo insurance is a worthwhile pursuit because this coverage protects you in many areas. Condo insurance covers:

  • The interior of your condo
  • Additional living expenses when a covered risk damages your condo
  • You against liability claims
  • Your assets, including furniture, clothing, and electronics

Does condo insurance cover personal injury?

If you have condo liability coverage, it covers bodily injuries inflicted by you or your family members to other people. However, if you or your family members incur personal injuries, condo insurance doesn’t cover these.

What else isn’t covered by my condo insurance?

While condo insurance is pivotal in protecting you against various perils, it has exclusions. Typical condo insurance doesn’t cover damage from:

  • Floods
  • Earthquakes
  • Wind and hurricane
  • Sewer backup

The good news is that you can purchase “riders” to get protection for the above risks. To note also is that for high-value items like jewelry, you get limited protection from condo insurance. However, you can buy an endorsement to boost your coverage.

Where can I purchase condo insurance?

Ready to invest in condo insurance? Would you please look no further than Gallina and Sons for condo insurance if you are in Pittsburgh, PA, and the nearby areas?