Condo Insurance
Owning a condominium in Colorado provides convenience and flexibility, but it's important to ensure your investment is protected. At PDI CO, we help condo owners across the state find insurance policies designed for their specific needs. Whether your unit is for personal use or rental income, condo insurance gives you peace of mind by safeguarding your property and finances.
What Condo Insurance Covers
Condo insurance, also known as HO-6 insurance, covers essential aspects of your unit while offering protection for unexpected events. It typically includes coverage for:
- Personal Property: Covers furniture, electronics, clothing, and other belongings against theft or damage.
- Interior Structure: Protects improvements and permanent fixtures (such as countertops and flooring) in your individual unit.
- Liability Protection: Provides financial coverage in case someone is injured in your unit or you accidentally cause property damage to others.
- Loss of Use: Helps cover temporary living expenses if your unit becomes uninhabitable due to a covered event.
How Condo Insurance Benefits You
Condo insurance serves as a critical layer of protection for unit owners. While your condo association's master policy may cover common areas or the exterior structure, it is unlikely to protect the interior of your unit or your personal belongings. Condo insurance ensures you're not left financially vulnerable in events such as theft, fire, or liability claims. It also helps fulfill obligations to lenders who may require insurance as part of your mortgage terms.
Ready to Protect Your Condo?
PDI CO is committed to helping Colorado condo owners protect their investment. Compare condo insurance quotes online or reach out to us today for personalized guidance and reliable coverage options.
