Tag: condo coverage
- Categories: American Heritage, Condo
The Essential Information You Need to Buy the Best Condo Insurance Do you own a condominium (condo) or co-operative apartment (co-op) or are you thinking of buying one? Insurance for co-ops and condos is a lot more complicated than homeowner insurance. A lot of people invest in condos without understanding the full implication of their responsibility, or they … <a title="Understanding Condo Insurance and Co-op Insurance" class="read-more" href="https://americanheritageins.com/understanding-condo-insurance-and-co-op-insurance/" aria-label="Read more...
- Categories: American Heritage, Condo
Q: You recently wrote a column about condominium building’s reserve funds. You failed to mention that condo special assessments are an insurable risk. I just increased my coverage from a limit of $1,000 to $50,000 for an extra $10 per year. You should mention this to your readers. A: Thanks for bringing this up. You are … <a title="Your homeowners policy may address your condo special assessment. But don’t expect...