Condominium Insurance in Worcester, MA
Owning a condo comes with a variety of risks, including the threat of property damage or loss, as well as your own personal liability. Fortunately, a specific type of homeowners insurance policy, known as an HO-6 or condo insurance policy, can help protect against those risks.
Educators Insurance Agency has been in business for over 20 years, helping residents of Worcester, Massachusetts, and the surrounding areas secure the coverage they need. Call us today to discuss your condo insurance needs or to get a free quote.
What Is Included Under Condo Insurance?
Condo insurance is a type of homeowners insurance policy that helps provide coverage for your possessions, structural improvements to your dwelling and additional living expenses incurred due to a covered incident. Most policies also offer liability coverage. However, every policy is different, and you may be able to tailor your coverage. For example, you may want to add sewer and water backup coverage to protect against losses caused by a sump pump or sewer failure. Or you may want to add a personal article floater to protect your high-end valuables, such as jewelry or collectibles.
How Does Condo Insurance Work?
Like most personal insurance solutions, when you purchase condo insurance, you’re entering into a contractual agreement with the insurer for the duration of your policy’s term. In this agreement, your insurer will provide coverage as agreed within the contract should you experience a covered loss during the policy terms—provided you pay your insurance premium. Depending on your plan, you may incur certain out-of-pocket costs upon filing a claim, such as a deductible. Work with your agent to learn more about how your specific policy would work.
How Much Condo Insurance Do I Need?
Choosing the right amount of condo insurance can be complicated. The experienced agents at Educators Insurance Agency can help you determine how much coverage you need. We can also ensure that your coverage details meet applicable lender requirements and address gaps in your coverage.
How to Get Condo Insurance
Educators Insurance Agency can assist you in learning more about HO-6 policy options. For more information, contact us today to request a quote.