After purchasing your Florida condo, did you review the insurance documents about your coverage? Most insurance policies from the condo association only cover the building and the common areas, so what about your damage to your unit or your property?
Usually it's best to have 2 Florida condo insurance policies. The first is provided by the association and covers the structure of the building including the roof, walls, lobbies, etc. It's best to keep a copy of this policy handy.
The 2nd is a personal condo policy. This policy will provide coverage for you to insure your belongings, appliances, cabinets and more. This will also help in the event of a fire or other disaster.
Condo Insurance policies also sometimes offer other additional coverages including umbrella and flood or earthquake coverage. Often it’s best to have these optional coverages in place in case of a disaster.
Contact Sharp Insurance Agency to find more about condo insurance options in Florida.