Condominium insurance can be confusing, and many of our clients come to us with questions about condo insurance. At Neff & Associates Insurance Services Inc we understand that the insurance selection process can be difficult at times, and we are here to help! If you are in the greater Pismo Beach, CA area and have questions about how to best protect your condominium, call us today!
The Condominium Owners Association Policy Probably Covers Less Than You Think
Unfortunately, if you are relying on your COA policy to protect you in the event of a loss, it is likely that you will be disappointed. Typically, the building insurance that covers condos in California covers common areas, and the structure itself. In the event that there is a catastrophe, fire, or break-in the personal items housed in your unit will not be covered. Supplemental protection can give you the peace of mind that comes with knowing that you can file a claim in the event of a loss.
In simplistic terms, the building coverage stops once you walk through your door. In situations where there is a leak from another unit, or a neighbor starts a fire, such events will likely not be covered. It is always a good idea to work with a full-service agency to better understand the coverage that is available and the level of protection that your situation requires, as there are many different types of condo insurance available.
Still, Have Questions? Contact Us Today
We are proud to serve the greater Pismo Beach, CA area and want our clients to rest easy knowing that they have the coverage that they need. If you need condo insurance or would like to review your current policy, contact Neff & Associates Insurance Services Inc today.