Condo Insurance in Texas

Protection for Your Condo

If you have a condo, it's vital that you have good condo insurance to protect it. It also protects you and your financial future. If you don't have condo insurance yet, call us at AAIGOT Insurance Agency Inc in Houston, TX. We can help you to better understand Texas condo insurance and help you to choose the policy that is right for you.

Condo Insurance Policies

Your condo insurance doesn't work in quite the way that homeowners' insurance works. Home insurance covers the dwelling and the possessions in it. But with condo insurance, most of the dwelling is not covered. Only the inside of the home is insured, along with all of your possessions inside. However, if you make any improvements to the outside of the condo, you are also responsible for maintaining it and insuring it. In general, the outside of the condo is maintained and insured by the condo association.

There may be other parts that are not inside your condo that need to be insured. The areas that you are responsible for are outlined in your purchase contract. Sometimes, specific pipes are up to you to maintain and insure even if they are outside of your condo. When you talk to your insurance agent, he can look at your contract and make sure that you are insured for exactly the areas that you are responsible for.

Liability Coverage

Another part of condo insurance is liability coverage. If a third party should be in your home and get sick or injured, you could face a lawsuit. That's why you need liability coverage- to pay for those medical bills to make lawsuits less likely.

Get Your Condo Insurance

For condo owners, having an insurance policy on their home and possessions is an important part of the process of buying the condo. Don't let your home go even a day without being insured for your own protection. If you are in Texas and have a condo, call us at AAIGOT Insurance Agency Inc. in Houston, TX.