Condo INSURANCE
Protect Your Space.
Renters insurance can help protect your belongings, finances, and peace of mind when the unexpected happens.
PROTECT WHAT MATTERS MOST
Your condo association’s policy generally covers shared areas and parts of the building, but it may not protect everything inside your unit. Condo insurance can help cover your personal property, certain interior features, and your financial responsibility in covered situations.
Depending on your policy, coverage may help with:
May help repair covered damage to walls, flooring, fixtures, cabinets, and other parts of your unit.
Helps repair or replace belongings damaged, stolen, or destroyed by a covered loss.
May help with sudden and accidental water damage covered by your policy.
Help with certain assessments charged by your condo association after a covered loss.
May help cover temporary living costs if a covered loss makes your condo unlivable.
COVERAGE OPTIONS THAT FIT YOUR LIFE
Every condo owner has different needs. Benchmark Insurance can help you understand where the association’s coverage ends and where your personal condo policy begins.
Dwelling Coverage
Helps protect certain interior features of your unit, depending on what your condo association’s master policy covers.
Personal Property Coverage
Helps repair or replace your belongings if they are damaged, stolen, or destroyed by a covered event.
Personal Liability Coverage
Helps protect you financially if you are responsible for certain injuries or property damage.
Loss of Use Coverage
May help with additional living expenses if your unit becomes temporarily unlivable after a covered loss.
Loss Assessment Coverage
May help cover your share of certain association assessments resulting from a covered loss.
Additional Coverage Options
Ask about water backup, scheduled valuables, identity theft protection, and other available coverage options.
CONDO COVERAGE
YOU CAN COUNT ON
Condo insurance can feel a little different from homeowners insurance because two policies may be involved. Benchmark Insurance helps you understand what your association covers and what you may need to protect yourself.
Here’s what you can expect when you choose us:
Coverage options explained in plain language
Guidance based on your condo and association coverage
Help reviewing limits, deductibles, and available options
Personal service without unnecessary pressure
Support when your coverage needs change
Frequently Asked Questions
Is condo insurance required?
Condo insurance may not always be required by law, but your mortgage lender or condo association may require you to carry coverage.
What does condo insurance typically cover?
A condo policy may include coverage for certain parts of your unit, personal belongings, liability, additional living expenses, and other covered losses. Exact protection depends on your policy and your association’s master policy.
How is condo insurance different from homeowners insurance?
Homeowners insurance generally covers the entire home structure and property. Condo insurance is designed to work alongside the condo association’s master policy, which typically covers shared areas and certain parts of the building.
Does condo insurance cover belongings outside my unit?
Some policies may provide limited coverage for personal belongings away from your condo, subject to policy limits and exclusions.
What is loss assessment coverage?
Loss assessment coverage may help pay your share of certain assessments charged by the condo association after a covered loss that affects shared property.
Can I bundle condo and auto insurance?
Often, yes. Many insurance companies offer options for combining condo and auto coverage, which may simplify your insurance and may provide savings depending on the carrier.
Contact Benchmark
Let’s Protect What Matters Most to You
Tell us about your condo, ask a question about your current coverage, or request a personalized quote.
