Condo Insurance in El Paso, TX
A condo insurance policy, also known as an HO-6 policy, can fill the coverage gaps left by your condo association’s master policy. While the association typically insures the building’s exterior and common areas, you are typically responsible for insuring your personal interests.
Standard condo insurance policies can include:
- Personal property coverage can cover damage to your furniture, electronics, clothing and other belongings in case of theft, fire, burst pipe, vandalism or certain natural disasters.
- Personal liability coverage can offer financial protection if someone is injured in your condo or in an incident elsewhere for which you’re at fault, or if you accidentally cause damage to another unit.
- Loss of use coverage can help pay for additional living expenses, such as hotel accommodations, restaurant meals and additional transportation costs, if your condo becomes uninhabitable due to a covered loss.
Why Does This Policy Matter?
Unforeseen risks like accidents, crime and weather damage are real concerns. Having the right condo insurance can help you be prepared for the unexpected and can enable you to recover quickly from financial losses. Additionally, some mortgage lenders may require condo insurance as a condition of your loan.
How Can We Help You?
At Omega Insurance Agency, our agents can help you:
- Review your association’s master policy to identify coverage gaps
- Customize your condo insurance to fit your lifestyle and budget
- Explain policy options in clear, straightforward terms
- Provide ongoing support as your needs change
Contact us today to discuss your condo insurance options and get a personalized quote.