It is important that you have the right insurance to protect your condominium unit. There are many insurance companies that can protect your property. This article will discuss the top condo insurance companies. Liberty Mutual is one of these companies. USAA and Country Financial are two others. These companies provide many features and benefits that will meet your needs.
Country Financial
Consider what is important to you when searching for the best condo insurance. You should also consider whether the insurance company offers renters' and medical coverage. Your insurance premium cost is important, as it can be more expensive than home insurance. Two policies are required to get the best coverage. One policy covers fire and lightning damage and the other covers specific risks. Typically, a basic condo insurance policy will cost around $328 a year. Other features to look for in a policy are the Premier package, which will cost about $30 a month.
Besides providing quality coverage, Country Financial also offers great customer service. You can reach them online or by phone 24 hours a days. Their customer service representatives are always ready to answer your questions and solve any issues you may have. Country Financial also offers an iOS and Android app that lets you pay bills, report claims and more. The app allows you to review your policy and pay bills.
Liberty Mutual
Liberty Mutual is an option if you are looking for condo coverage. Liberty Mutual has been offering customized policies for over 100 years. This company offers affordable policies that can be used by both homeowners and investors. This company has condo insurance that will cover your new home as well as your existing property.
Whether it's a fire, natural disaster, or a burglary, Liberty Mutual will handle your claim for you. They will send an adjuster out to assess the damage. If necessary, they'll help you to schedule repairs up to your coverage limits.
HostAdvantage
While you can buy homeowners insurance that includes HostAdvantage for a low price, it's not a great option for condo owners. HostAdvantage doesn't provide coverage for damage to condos rented by tenants or guests. HostAdvantage is meant to supplement homeowner's coverage, but short-term rental owners may prefer separate insurance policies. There are many options for vacation rental owners.
For a very limited amount of coverage, home sharing insurance policies can be as low as $50 per year. Many policies provide personal property coverage, with some of them offering up to $10,000. The amount of personal property insured and the length of the rental vary. Renters are covered by Allstate HostAdvantage insurance up to $10,000. These policies also include vandalism and theft coverage.
Auto-Owners
Auto-Owners can provide a variety insurance products, such as auto insurance. Customers can track claims and manage policies online. Customers can also print and make payments online. Bundling insurance policies are also available at a discount. Customers can get the best rates by paying their premiums annually in advance.
Auto-Owners is a lower-than average rate and offers many types of coverage including dwelling, other buildings, and personal property. Additional living expenses coverage is also offered by the company to help homeowners pay for rental and hotel accommodations, as well as rebuild their homes.