Condo Insurance

Condos are unique. Find the coverage you need. Serving Penfield and all of New York.

Your condo insurance policy covers your personal property and liability, as well as any additions, alterations and improvements you make to your unit that are your responsibility based on the condo association agreement.

Optional loss assessment coverage is also available to help protect you against certain assessments that may be levied by the association. You would be compensated for additional living expenses incurred should you need to vacate your condo after a covered loss.

Let Michael G. Montag Insurance Agency Inc. DBA MGM Associates of Rochester help you find the right amount of coverage to suit your insurance needs New York. Call us today at 585-381-7008 or request a free quote online.

What Does Condo Insurance Cover?

Condo insurance provides coverage for your personal property and much more. For a few more dollars, you can elect to carry Full Value Personal Property which ensures that you are reimbursed full replacement value without regard for depreciation after a covered loss.

If you have upgraded cabinets or put in hardwood floors, condo building item coverage helps protect these investments. Be sure to consult your HOA agreement to determine what the Association policy covers and what you are responsible for. If common areas are damaged, your condo association may levy assessments against all the owners to pay the deductible on their association policy.

Various limits of loss assessment coverage are available. Be sure to consult the HOA agreement to determine the potential for such assessments.

Your condo insurance policy also helps protect you and your family members against bodily injury and property damage liability claims and any litigation that may result subject to the limits you select.

In addition, you can select medical payments coverage which will pay for medical expenses incurred by a visitor who is injured at your residence regardless of fault. Various limits are available.

Michael G. Montag Insurance Agency Inc. DBA MGM Associates of Rochester can help you determine your coverage needs to make sure you’re properly covered. Call us at 585-381-7008 or contact us online.