Condo Owners! Your Insurance Secret Weapon
Condo owners, your insurance secret weapon. If you are an owner, make sure you are insured. Even if you don’t have a mortgage. Make sure if you rent that your tenants have renter’s insurance. You do not want to use your own money to pay for property damage that is sudden and accidental due to tenant neglect or from other unit owners sharing a wall or ceiling with your unit. Water damage is the most common cause of damage to condo units and can be very expensive to repair. If you’re unsure about the proper coverages to your unit, or who should be responsible for damage to your unit, consult with an experienced insurance attorney. Like and follow for more.