Condo Insurance, also known has ho6 insurance or walls-in coverage helps to protect condo owners in many different ways. Stratum Insurance Agency LLC can help with condominium, townhouse, and row house insurance across the country.
Stratum Insurance Agency is able to provide quotes from many different insurance carriers to help you find the right balance of price and coverage. Being licensed in over 40 states, we can assist you with condo insurance quotes and many other types of insurance across the nation.
Why should I buy condo insurance (ho6 policy)?
Although your condo association’s (HOA’s) master policy may cover the exterior and the rebuilding cost of a barebones interior of you condo unit, there is much more to protect. As a landlord, you have the unique position of owning a home where you do not live. Therefore, you are not there to monitor the day-to-day activities that occur. Protecting your valuable asset as well as your personal liability is key.
Can I get insurance for multiple condos?
What if I own multiple units – can I get insurance for multiple condos?
Our team can help with policies that allow for you to insure multiple locations on the same policy. Along with a potential cost savings, there may also be the options for a single deductible.
Many policies also offer the option for higher liability limits to help protect you in the event of a liability claim. While personal condo landlord policies may only offer liability limits of $500,000, we have options for higher limits ($1,000,000 or more) as well as umbrella and excess policies. Billing is also simplified by having a single bill for multiple units.
What coverages are available to condo landlords?
The team at Stratum Insurance Agency is here to help you by explaining the various coverages available under a condo policy. We can also assist if you own the unit in the name of a business or have owners of a single unit, such as a group of friends.
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