FRIDAY, JUNE 24, 2016
 Buying a condo is a sizeable investment, and one that you've likely been looking forward to for some time. With all the effort and thought you've put into making your condo a home, you should also consider protecting your assets. You can get the protection you need in the form of condo insurance.
Condo insurance provides many of the same coverages as home insurance, but it's built to cater to multi-resident buildings. In most cases, you own your condo from the sheetrock in; the condo association is likely responsible for the building's exterior, roof and landscaping.
Taking this into account, condo insurance policies cover your personal belongings, flooring, fixtures, appliances and other features of the interior of your home. Look for the following features when choosing a policy:
- Property: You should have enough property coverage to compensate for a total loss. High-end items — like fine artwork, musical instruments, specialty electronics and more — may need to be specifically listed on your policy as a rider. A standard policy helps protect you from fires, theft, weather damages and other types of losses. Note that flood and earthquake coverage may need to be purchased separately.
- Liability: This portion of your policy helps uphold your financial responsibility to others. If guests are injured on your property or as a direct result of your actions, liability coverage can help pay any expenses that may arise. This includes medical bills, your legal defense and any awarded settlements.
Your insurance agent can help you find a condo insurance policy that best meets your needs and budget.
Ready to get started? Call McInnis Insurance Services, Inc. at (844) 926-0860 for more information on Baton Rouge LA condo insurance.
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