Tag: renters insurance and condos

Do you have a loved one making a huge lifetime move, starting a new chapter? Perhaps parents who have finally decided to sell your childhood home and downsize to a condo? Or perhaps a sibling who has made the big move into a condo and out of your parent’s house? While there are so many amazing benefits to living in a condo and having a condo association did you know that your loved one is still liable for certain things? Obviously, it is better to have Condo Insurance in case of any incident, such as a fire, theft, water leaks or any damage, in those areas that are common. Without a policy, and seeing the dire consequences that these events may entail, it is likely that condo owners will be forced to pay for the related expenses, which can be very expensive, especially if personal damage occurs.