Condominium unit-owner insurance
Condominium unit-owner insurance, commonly known as HO6, is unique. Your condo insurance policy covers the interior walls, built-in cabinets, and floors of a unit, your personal property, and liability, as well as any additions, alterations, and improvements you make to your unit that are your responsibility based on the condo association agreement.
Optional loss assessment coverage is also available to protect you against certain assessments that may be levied by the association. You would be compensated for additional living expenses incurred should you need to vacate your condo after a covered loss. Let Ayuda Hispana Insurance Group help you find the right amount of coverage to suit your Houston condo unit-owner insurance needs.
Houston Condo Unit -Owner Insurance
Condo unit-owner insurance provides coverage for your personal property and much more. For a few more dollars, you can elect to carry Full Value Personal Property which ensures that you are reimbursed full replacement value without regard for depreciation after a covered loss.
If you have upgraded cabinets or put in hardwood floors, condo building item coverage protects these investments. Be sure to consult your HOA agreement to determine what the Association policy covers and what you are responsible for. If common areas are damaged, your condo association may levy assessments against all the owners to pay the deductible on their association policy.
Various limits of loss assessment coverage are available. Be sure to consult the HOA agreement to determine the potential for such assessments. We can help you assess your coverage needs to make sure you’re adequately covered.
Protect Yourself and Your Guests
Your condo unit-owner insurance policy protects you and your family members against bodily injury and property damage liability claims and any litigation that may result subject to the limits you select. In addition, you can select medical payments coverage which will pay for medical expenses incurred by a visitor who is injured at your residence regardless of fault. Various limits are available.
Extra Coverage Doesn’t Have to Cost a Lot
Many people supplement their condo unit-owner insurance coverage with personal umbrella liability insurance for broader protection. If you have special valuable items such as jewelry, art, antiques, or collectibles, ask about our Valuable Articles which provide broader coverage and no deductible in the event of a covered loss.