Your Condo Renovations May Require More Insurance Coverage

Permanent changes that you will be making to your condo may require additional insurance coverage. Adequate insurance will protect you as the property owner, keep out-of-pocket costs down, and help you maintain the living standards that you are accustomed to.

Condo Insurance Guidelines

Condo insurance covers the same types of things that a residential insurance policy covers. Just like a residential policy, you have the option of personalizing your condo insurance policy. It is your right to select coverage amounts consistent with the value of the items you own.

Potential Threats

Before you choose condo insurance, consider the threat of damage occurring within your condo. Perhaps you are concerned about a natural disaster damaging household goods that are stored within your condo. You may also be wary of a criminal event damaging or destroying some of your items. Keep track of each threat that is of concern. The records you prepare will aid you when you are ready to compare various condo insurance products.

Condo Renovation Phases

Be aware that the renovation project may take some time to complete. The various renovation phases may each require a distinct type of condo insurance. While renovations are being done, you may be concerned about the threat of an injury occurring within your condo. If this is a major concern, you may decide to modify your condo insurance policy to provide additional liability protection.

Assistance From One Of Our Insurance Agents

Now that you have reviewed some tips for upgrading your condo insurance policy, contact one of our Friant Insurance Agency representatives. An agent serving Temecula, CA, will consult with you and update your policy.