For many people, owning a condo in Burnt Hills, NY is the dream of a lifetime. To help preserve that dream, you’ll need condo insurance. Condo insurance from Anthony Catalfamo Agency LLC will protect your unit and belongings from unforeseen events like theft, fire, storm damage, and other disasters. If you’re serious about protecting your valuables, here’s some essential condo coverage you can’t do without.
LIABILITY COVERAGE
What’s the point of owning a condo if you can’t invite family and friends to your home? Having people over, however, puts you at risk of accidents on your property. If someone’s injured in an accident and you’re found at fault, you can be held responsible for their medical costs. Liability insurance pays their medical bills and protects you against a lawsuit if you’re sued for damages
INTERIOR DWELLING COVERAGE
This coverage protects the interior of your unit to include its walls, flooring, cabinets, fixtures, and built-in structures against such perils as windstorms, rainstorms, fire, and other disasters, so you’ll have funds to repair the damage that’s done.
PROPERTY COVERAGE
It’s also important to protect your valuables, so you can recuperate your losses if they’re stolen or lost in a covered peril. Property insurance protects such items as furniture, appliances, clothing, electronics, and other valuables.
You can choose from two types of property coverage to protect your belongings: actual cash value or replacement cost. With actual cash value, you’ll be reimbursed for the cost of damaged goods after taking off a percentage for depreciation. Replacement cost coverage pays to replace damaged items without depreciation, making it a better option for insuring costly goods.
Condo insurance protects you against the unexpected, so you don’t lose everything you own. To purchase accurate coverage for your Burnt Hills, NY condo, call or visit us at Anthony Catalfamo Agency LLC today.