Condo buildings have unique insurance needs because each unit owner owns a portion of the building Because of this an association needs to be established to oversee that everything in your condo association runs smoothly.
Every condo building needs a master policy. Just like a homeowners insurance no condo association master policy is the same. Some condo associations only cover the roof and walls. While other are more comprehensive.
At Lydon & Murphy Insurance we can create a policy that will protect things like:
- General Liability
- Related Structures
- Demolition & Increased Cost of Construction
- Backup of Sewer & Drain
- Crime & Fidelity
If you are interested in a Condo Association Master Policy or have any questions please contact us and we will be happy to help!