Condo Insurance in Florida

While the state of Florida does not require condo insurance, why wouldn’t you want to protect your greatest asset? The pros at eAdvisorPro Property & Casualty, LLC in Fort Lauderdale, FL want to help you get the coverage that you need. Disasters such as tornados, hurricanes, and sinkholes can significantly impact you and your family. Your condo association will most likely have a policy to cover the structural elements of the building and some items on the property. It will not, however, cover your personal possessions or interior pieces such as water heaters, appliances or cabinets and countertops. In general, the condo association’s policy will cover the building but none of the individual items within the building. It is the responsibility of each condo owner to review their condo association’s insurance policy and understand exactly what it covers and what it does not. Elements within your condo, such as electrical outlets, floor coverings and wall coverings such as drapery, need to be protected.

Planning ahead and protecting your home can prevent unfortunate consequences if a disaster occurs. Your condo association’s insurance policy will cover many things but it won’t cover everything. It is very important that you understand exactly what it does cover so that your agent can help you get the policy that meets your individual needs. The condo association may also conduct assessments of common areas and discuss with individual condo owners about areas that are commonly owned that may not covered in the association’s policy. Items identified in this “loss assessment” may be covered in your condo insurance policy.

The independent insurance agents at eAdvisorPro Property & Casualty, LLC are ready to help you get appropriate coverage for your condo. Give us a call today or visit their office for more information.