Your possessions are not the only thing you need to protect when you own a condominium.
Your condo association policy provides coverage for the building and common areas. In most cases, the association coverage does not extend beyond the exterior. You are responsible for the interior walls, cabinetry, flooring, and more.
Your Western Reserve Group policy covers the interior construction of your condo as well as your clothing, furniture, and personal belongings.
Western Reserve Group provides protection against such losses as:
- Fire or lightning
- Windstorm or hail
- Smoke
- Vandalism and malicious mischief
- Theft
For those customers who desire enhanced protection, optional endorsements are available to provide coverage against additional causes of loss.
Replacement Cost for Your Contents
The value of your belongings could be significantly less today than when you purchased them. With the replacement cost endorsement we will pay the actual cost to replace the damaged property with a like kind and quality.
Additional Living Expenses
If a covered loss means you cannot stay in your home while the repairs are being completed, this policy provides for the increase in the costs of lodging, food, and other expenses.
Personal Liability
A liability lawsuit can be as financially damaging as a fire in your home. If you are found responsible for injury to another person or cause damage to another person’s property, your condominium insurance can help protect you.
Loss Assessment Coverage
If you are charged an assessment by your association for a covered loss, you are protected for your share up to $1,000. Higher limits of coverage are also available.
Optional Coverages
There are additional optional coverages and causes of loss available. Ask your Western Reserve Group agent about:
- Earthquake
- Identity fraud expense
- Damage caused by the back-up of sewers, drains, or sumps
Multi-Policy Discount
If we write both your auto and condominium policy, Western Reserve Group offers a discount to make your policies even more affordable.