It is crucial to get the right insurance for your condo unit. Fortunately, there are many insurance companies available to protect your property. Here are the best condo insurers. Among them are Liberty Mutual, USAA, and Country Financial. These companies offer a variety of benefits and features to suit your needs.
Country Financial
It is important that you consider the features you are most concerned about when choosing condo insurance. The insurer should offer renters' insurance as well as medical coverage. Your insurance premium cost is important, as it can be more expensive than home insurance. You need two policies to ensure the best coverage. One covers the most basic risks, like fire and lightning, while the other covers more specific risks. A basic condo policy will typically cost $328 per calendar year. Other features to look for in a policy are the Premier package, which will cost about $30 a month.
Country Financial not only offers quality coverage but also great customer service. Their online customer service center is available 24 hours a day, and they also offer phone support. The customer service representatives at Country Financial are always available to answer any questions you may have and help solve any problems. Country Financial has an Android and iOS app, which lets you pay bills or report claims. The app can be used to view your policy.
Liberty Mutual
Liberty Mutual may be the right choice if you're looking for condo insurance. Liberty Mutual not only offers customizable policies but also provides insurance services that have been helping homeowners for over 100 year. The company offers affordable policies to both homeowners as well as investors. This company has condo insurance that will cover your new home as well as your existing property.
Liberty Mutual will help you with your claim. They will send an adjuster out to assess the damage. They can also help you plan the repairs, up to your coverage limits.
HostAdvantage
Although homeowners insurance with HostAdvantage can be purchased at a very affordable price, this is not an option for condo owners. HostAdvantage does not cover damage to rented condos and it doesn't include coverage for tenants or guests. HostAdvantage can be used as an addition to homeowner's insurance. However, many short-term renters would prefer to have separate insurance policies. There are many options for vacation rental owners.
Home-sharing policies are available starting at $50 per calendar year, with a limited amount coverage. Many policies provide personal property coverage, with some of them offering up to $10,000. However, the coverage depends on the rental term and how much personal property you have. Renters can get insurance from Allstate HostAdvantage that covers $10,000, for example. These policies also provide protection against vandalism or theft.
Auto-Owners
Auto-Owners sells a wide range of insurance products, including auto coverage. Customers can track claims and manage policies online. Customers can also make payments online and print their insurance ID cards. Bundling insurance policies can be discounted by the company. Customers will get the best rates if they pay their premium each year in advance.
Auto-Owners has lower-than-average rates and offers many coverage types, including dwelling, other structures, and personal property. The company also offers additional living expenses coverage, which helps homeowners pay for hotel and rental accommodations while rebuilding their homes.