Why You Need Condo Insurance

When it comes to protecting your home it is important to have the right kind of insurance. If you live in a condo though you will need specialty condo insurance. This is a bit different from your traditional homeowner’s insurance, but it goes the extra mile to offer your home the protection you want. And if you live in the greater New Rochelle, NY area Marenco Insurance is here to help.

Combination of Renters and Home Owner’s Insurance

Condo insurance is important as it protects your property not only from internal issues but in the event of a building fire or other damages that your property might sustain living in such close proximity to other residents. With more people living in a singular building, there is a greater risk of property damage from others living around you. Condo insurance helps protect you from this kind of issue. In this way, it is similar to renter’s insurance. 

Investing In The Right Condo Insurance

Condo insurance is the home owner’s insurance of a condo building. However, you will want to talk it over with your HOA to find out if there is a specific kind of insurance you need. Some buildings do have agreements with local insurance providers, so prior to making any arrangements, you’ll want to have this discussion with your building. 

If you live in a condo you need to do what you can to protect your property. One of the best ways to do this is with the help of condo insurance. Condo insurance is an essential tool to have and it protects your home, even with close proximity to others living in the building. So, if you live in greater New Rochelle, NY, make sure to give the team at Marenco Insurance a call today.