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Condo InsuranceCondo insurance is designed specifically for people those who live in condominium or townhouses. Normal home owner's insurance policy is not adequate to cover these kinds of residences. Condo insurance can be availed from major insurance companies like Geico, allstate and other major insurance providers. This policy is very affordable for condominium owner as it offers maximum protection for condo residents. But there is no much difference between a regular insurance and condo insurance. This insurance also covers most of the things covered by a regular insurance.But the major attraction is the additional layer of protection provided by this insurance especially for condominiums. Alterations or moderations done to your home are also covered. Under this policy, you don't have to pay for the coverage common areas shared by you along with other residents. This saves your money and provides complete coverage for your needs. Make sure your condo insurance and laws of your building or your area agrees with each other before purchasing the insurance. More Terms Explained |
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