Insurance Tips for Condo and Townhouse Owners | Square One
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- Опубликовано: 6 авг 2024
- If you are a condo or townhouse owner looking to buy in the near future, there are special considerations you will need to recognize when it comes to your insurance coverages. Learn how you protect condo and townhouse improvements, personal liability, contents, and more.
00:00 Intro
00:38 What is the difference between a condo and a townhouse?
04:02 How to insure a condo or townhouse
04:53 Benefits of the Condo Owners Protection
06:03 How do I know if I’m looking at a townhouse or a condo?
06:20 Are property taxes less for condos?
06:44 What happens if there’s a renter in the unit I buy?
#Condo #Townhouse #InsuranceTips
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You are a great teacher explaining the issue clearly. Thank you!
What condo insurance coverage do I need to cover the master policy water damage deductible of $50,000
You would need to ensure that your condo insurance policy includes coverage for deductible assessments. Insurance providers each approach condo insurance differently, however. You can read about Square One's approach to this coverage on this page: www.squareone.ca/resource-centres/homeowner/condo-owners-protection
What kind of CEA Earthquake Insurance do Condo owners need, if any?
Hi, Bill. Square One doesn't offer condo insurance in California. That said; here's a link to the California Earthquake Authority's website. The link takes you directly to the condo earthquake insurance webpage: www.earthquakeauthority.com/California-Earthquake-Insurance-Policies/Condominium. Regards, Daniel Mirkovic, President + CEO, Square One.
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