In Massachusetts and New Hampshire, insurance for condos is often overlooked, as some condo owners believe they are covered under the Condo association’s insurance. However, these policies only offer coverage for the building’s structure and complex grounds.
To cover your Massachusetts or New Hampshire condominium from damage, theft, fire and vandalism, you should consider condo insurance. This policy also provides personal liability coverage, to protect you from a lawsuit in the event someone is hurt in your unit.
A condo insurance policy offers
- Full replacement coverage if your unit is destroyed beyond repair
- Protection from damages from plumbing, vandalism, malicious mischief, sewer and drain backup, and other causes
- Coverage for liability exposures and medical expenses if someone is injured on your property
- Coverage for expenses incurred if you are unable to live in your home due to a covered claim