Owning a condo in Florida is a very popular option. Florida doesn't require condo insurance on your unit, but if you have a mortgage, your lender will. Your condo association also probably requires that you have condo insurance. At Clark & Bell Insurance Agency in Fort Myers, FL, we are an independent insurance agency, and that lets us offer you more choices and personalized service.
Condo property insurance is somewhat different from home property insurance. With a condo, the condo association has a master policy that covers the unit's exterior. The roof, exterior walls, and common areas are on the association policy. Your coverage is the things inside, like the bathroom fixtures, walls, floors, cabinets, and built-ins. Coverage includes weather events, theft, fire, and more.
Content coverage covers the things you own. It covers items while in your unit and when you have them away from home with you. You choose how you want it covered, whether the current value or the replacement cost. The current value takes into account the age of the item. You can also benefit from starting an inventory to protect your assets.
If someone is injured at your condo or by a family member, they may decide to sue you. This coverage will protect you and your assets from legal action and help you pay legal fees.
When your condo gets damaged by a covered hazard, you may have to find somewhere else to stay while it is being repaired. Loss of use helps to pay for temporary accommodation. We can also offer your endorsements to fill in any gaps in coverage that you may need, such as flood or sinkhole coverage.
When you have questions about your condo insurance, you can count on Clark & Bell Insurance Agency in Fort Myers, FL to answer your questions and provide the service you expect.