Category: Condo
- Categories: Condo
Owning a condominium unit comes with unique types of insurance needs that differ from the traditional homeowners insurance coverage. While the building itself and shared spaces are typically insured through the master insurance policy of the condominium association, individual owners are still responsible for protecting their individual unit and personal belongings. This is where a … <a title="Understanding Condo-Owners or HO-6 Insurance Policies: What Owners in Condominium Associations Need to...
- Categories: Condo
When it comes to condominium insurance, understanding who is responsible for what isn’t guesswork, it’s a legal obligation. For associations, the foundation of that understanding lies in one key document, your Association’s Declaration. At American Heritage Insurance Group, the “Declaration-First” Audit Process begins by reviewing this governing document before discussing policies or pricing, because the … <a title="Navigating Condo Insurance: Why the “Declaration” is Your Association’s Roadmap" class="read-more" href="https://americanheritageins.com/navigating-condo-insurance-why-the-declaration-is-your-associations-roadmap/" aria-label="Read...
- Categories: American Heritage, Condo
Condo insurance, also known as an HO6 insurance policy, provides condo unit owners coverage for their properties, protects against liability claims and helps cover costs if the unit is uninhabitable. A condominium insurance policy is often called walls-in coverage, as it protects the individual unit, whereas your condo association’s master policy generally covers all common … <a title="What is Condo (HO6) Insurance and What Does it Cover?" class="read-more" href="https://americanheritageins.com/what-is-condo-ho6-insurance-and-what-does-it-cover/" aria-label="Read...
- Categories: American Heritage, Condo, Home
In many ways, buying a condo is similar to buying a house: you get the freedom of owning your living space but you also have to take responsibility for what happens to it. So how similar are insurance coverages for condos and houses? Let’s find out. Condos vs Houses: The Ins and Outs of Your … Read...