Condo Insurance: What You Need to Know

There are a lot of different types of homes that you can buy in Pittsburgh, PA. Every one of those types will have to be protected by some form of homeowner’s insurance policy. But the question is which home policy is right for you? One of the most confusing policies for homeowners is the condo policy. Here are some things that you will want to know about your condo policy.

The Basics of a Condo Policy

Condo insurance is a cross between a renter’s insurance policy and regular homeowners’ policy. The difference found with this policy is what it covers. It may shock you to know that it does not cover what most people think it should.

  • The condo policy will have the same coverage types such as personal property and it will cover you if you should have to move out while repairs are being done.
  • The policy will only cover things that are inside of the walls of the condo. The condo association will have a commercial policy that will cover the outside of the structure. 
  • The policy may cover from the studs in or from the drywall in. This is important to know because it will affect what your policy will cover. It comes down to whether or not you will have to pay for drywall and paint or simply the interior of the condo.

Buying condo insurance in Pittsburgh, PA will have somethings that may confuse you. That is why you need a reliable agent. All of us at Gallina and Sons are committed to helping you get the right policy for your home. Call us today for an insurance consultation and let us help insure your condo with the correct level of coverage.