Have you considered your condo insurance? When living in Foley, AL, you may focus on furnishing your place to be as comfortable as possible. However, you never know what could happen…
At Southern Risk Associates, we aim to offer some insights to ensure you have the coverage you need.
Don’t Assume Your Condo Association Fees Protects You
One of the biggest (false) assumptions people make is that their condo association fees include insurance. They don’t. Your monthly or annual fees cover building amenities, landscaping, security, and probably insurance for the building. None of that is for you, specifically.
If there’s a break-in at your unit or damage to your unit from a neighboring place, you’re not covered. That could lead to a significant cost for you.
By choosing a condo insurance policy, you can focus on the coverage you need, no matter what might happen.
Consider Your Coverage
Living in Foley, AL lets you enjoy the historic downtown area, the many attractions, and more. Unsurprisingly, you chose to live where you are, but are you protected against anything and everything?
It would be best if you had an insurance policy that allows you to file a claim for it all, including:
- Fire
- A water leak/flood
- A break-in
- Someone getting hurt in your condo
There’s nothing worse than filing a claim only to find out that you don’t have coverage. This is why it’s important to work with an agent. You can learn about some of the top issues that could happen, and a policy can be built to your specifications.
You can control the coverage, the coverage levels, and the deductible you pay.
Remember, you don’t have to build your comprehensive condo coverage on your own. Call us at Southern Risk Associates today so that we can help.
