Condo Insurance

Condo Insurance In Virginia

Condo life is a great way to keep your life simplified. It is really great to know someone else can take care of yard maintenance, property taxes, and large scale maintenance projects. However, there is one thing many condo owners do not think about, and that is insurance. Many condo renters or owners are under the impression that because they live in a condo, they have no need for insurance. This is not the case. At Mahfuz Insurance Agency serving Virginia, we love to take the opportunity to keep our clients up to date on all the most important insurance topics. Keep reading to find out what you need to know about condo insurance.

Why Do I Need Condo Insurance?

Although a condo property will have an insurance policy in place for the entire condo complex, this type of insurance does not cover the interior of your condo. Within the walls of your condo, you are responsible for repairs for things that are damaged, or for replacement of items lost through damage or burglary. In order to protect this aspect of your condo, you will need to have in place a condo policy. It is important to note that even if you pay an insurance fee to your HOA, this does not provide you with personal condo insurance for the interior of your condo. This is just a fee that you pay toward insurance for the complex and common areas.

What Does Condo Insurance Cover?

Condo insurance typically will cover the interior of the condo. This can include fixtures, carpeting or flooring, and of course all your own personal belongings. It is very important that you review your HOA insurance policy with an insurance representative so that you can figure out exactly what you need to have covered in your personal condo insurance policy.

If you would like to learn more about condo insurance, please contact our friendly staff at Mahfuz Insurance Agency, serving Virginia.

Our Insurance Services

When it comes to insurance, we strive to provide the best. We can help you get the following coverages:

Partner Carriers

  • Agency Insurance Company
  • Allstate
  • Erie
  • Foremost
  • liberty Mutual
  • National General
  • Nationwide
  • Progressive
  • Safeco
  • Travelers