Condo Insurance in Indiana

Owning a condominium in Greenwood, IN provides convenience and comfort, but it also comes with unique responsibilities. At All American Insurance Group, we offer comprehensive condo insurance to protect your unit and belongings from unexpected events. Whether you live in Greenwood or anywhere in Indiana, our policies ensure your investment is safeguarded.

What Is Condo Insurance?

Condo insurance is designed to protect the interior of your condominium and your personal belongings, complementing the building master policy provided by your condo association. While the association's policy often covers shared spaces, such as the roof, hallways, or exterior structure, condo insurance provides coverage for items inside your unit and liability for accidents that may occur there.

What Does Condo Insurance Cover?

A condo insurance policy typically includes coverage for:

• Personal Property: Protects your furniture, electronics, clothing, and other belongings against theft or damage.
• Dwelling Protection: Covers repairs to the interior of your unit, such as walls, ceilings, and floors, after a covered event.
• Liability Coverage: Provides protection if you're held responsible for injuries to visitors or damages to someone else's property in your condo.
• Loss Assessment: Helps cover your portion of costs shared with the condo association for claims involving common areas.
• Additional Living Expenses: Covers temporary living costs if your condo becomes uninhabitable due to a covered event.

Who Needs Condo Insurance?

If you own a condominium, condo insurance is vital. While your condo association typically has a master policy, that coverage is limited to common areas and areas that are shared by multiple units. Protecting the inside of your unit, personal belongings, and liability risks is your responsibility, making condo insurance essential for financial security.

Common Questions About Condo Insurance

• Does condo insurance cover flood damage? No, standard condo insurance doesn't include flood coverage, but separate policies can be purchased for this protection.
• Do I need additional coverage beyond the condo association's policy? Yes, your condo association's master policy only covers the building's exterior and common areas, not your personal belongings or interior repairs.
• How can I request a condo insurance quote? Greenwood condo owners can use our convenient online tool to request quotes. Visit our quote page to get started.

Protect Your Condo Today

Safeguard your condominium in Greenwood, IN with reliable condo insurance from All American Insurance Group. Our experts are here to help you find the right policy to meet your needs. Visit our quote tool or our Contact Us page to learn more.