Condo Insurance in Central Texas

In the Central Texas area, condominium insurance is a type of insurance policy that provides coverage for the interior of a condominium unit, as well as personal property and liability protection. Its underwriting helps you financially in the event of any damages or loss to your property or belongings. It also works in your favor if you are liable for someone else's injury or property damage.

The Different Condominium Policies

Texas condominium insurance policies have several types of coverage included in the policy, such as dwelling coverage, personal property coverage, liability coverage, and loss of use coverage.

The policies are there to protect the renter and the owner of the building. When renting a condo or any building for residence, it is in a contract that the renter is responsible for any damages caused by them. The renter must devise a deductible payment to the owner, whatever insurance does not cover.

• Dwelling coverage protects the interior of your unit, such as the walls, floors, and ceilings.
• Personal property coverage is the coverage that protects personal items, such as furniture, electronics, and clothing.
• Liability coverage protects you if you are held liable for someone else's injury or property damage.
• Loss of use coverage is the coverage that provides you with financial assistance if your unit becomes uninhabitable due to damage.

You May Need Additional Insurance

It is essential to understand that the condominium association's insurance policy does not protect your personal property or provide you with liability coverage. The association's policy generally only covers the exterior of the building and common areas. You may need additional supplements in Texas for natural disasters.

Trevino Insurance Services Has a Policy for You

At Trevino Insurance Services in Boerne, TX, we can help answer questions concerning condominium insurance. We serve the Central Texas area. Contact us today.