Condo Insurance in New York

Condo insurance covers your unit and personal belongings in the event of vandalism, fire, storms, or other natural peril. We offer condo insurance coverage at Worthington Carroll Agency in Port Jervis, NY. Even if the condo association has its own insurance coverage, condo insurance comes in handy. Your individual policy will cover what theirs will not.

Condo Insurance Requirements

While New York doesn’t legally require condo owners to purchase insurance, your mortgage company may require you to have it.

Condo Insurance Coverage

Here is what you can expect from condo insurance:

• Liability: If someone becomes injured while in the lobby of your condo and decides to sue the responsible party, your condo insurance policy will protect you.
• Personal property: This covers all personal items in your unit, such as electronics, furniture, and clothing. It may also cover items installed in your unit, such as fixtures, flooring, and interior walls, if they are not covered under the association’s insurance policy.
• Additional living expenses: If you need to temporarily live somewhere else while your condo unit is being repaired following a storm, or another natural disaster, this will cover your food expenses and hotel bills.

Typical condo insurance policies cover damage caused by the following:

• Explosion
• Lightning or fire
• Hail or windstorm
• Civil commotion or riot
• Smoke
• Vehicles
• Aircraft
• Malicious mischief or vandalism
• Theft
• Falling objects
• Weight of sleet, snow, or ice

Some things that condo insurance does not cover are:

• Power failure
• Neglect
• Nuclear hazard
• Intentional loss
• Governmental action

Quotes

To obtain a quote for condo insurance, give us a call here at Worthington Carroll Agency. Our office is located in Port Jervis, NY. Our agents will help you choose a policy that meets your unique needs.