The insurance needs of condominium owners are not exactly the same as those of homeowners. Usually, the condominium corporation provides insurance for the building and its common areas such as the front lobby and the elevators. However, the condo corporation insurance may not provide all the coverage you require. Allstate condo insurance can serve as a good complement to the condominium corporation insurance by protecting you against liability, property damage and so forth.
Allstate condo insurance covers a number of features such as additions and alterations, unit contingent coverage, loss assessment coverage, coverage against liability and also the protection of your personal property. Furthermore, Allstate agents are always available to guide you to the coverage option that suits your needs. They can answer any question you may have on the condo insurance.
Coverage Options in Allstate Condo Insurance
The condo insurance offers two optional coverages, namely, the VIP package and coverage. The VIP package covers all risk for contents and also replacement costs. It includes features like claims forgiveness, disappearing deductibles, and one free personalized option. The basic coverage covers contents for ‘named perils’ and also replacement cost.