|
Frequently Asked
Questions
My condo association has an insurance
policy, why do I need one?
In most cases the association policy will cover
common areas, the floor, and walls. Typically they do not
include your improvements for things like floor coverings,
appliances, counters, cabinets, furniture, electronics,
clothing, and decorations. This could leave you unprotected in
the event of fire, hurricane, theft, and other disasters. (It is
a good idea to review the association policy to see exactly what
coverage this provides)
How much coverage should I get for
personal property?
The minimum is $25,000 which may be enough if you
have an inexpensive unit and a small amount of contents and
improvements. If you have moderate to expensive unit and/or a
higher level of contents you would want to consider getting
more. As a general idea we suggest around 50% of the value of
the condominium. If you are not sure please ask one of our
agents to help select coverage.
How much does this insurance cost?
There are many factors that go into the rate. If you
get the minimum level of coverage the rate may be less than $20
per month. Please send the quote form from our home page for
your quote. Or you can call 1-866-426-5800toll free for a quick
quote.
Do you have payment options?
Yes, we have a number of options including full pay,
2 pay, and monthly. If you select monthly there is an option for
EFT payments.
What areas do you provide service for?
Anywhere in Texas.
What are my coverage options?
You can insure your personal property for $25,000 or
greater. Liability coverage is available from $25,000 to
$500,000. If the condo is your primary residence there is an
option to upgrade to “replacement cost valuation”. We also offer
an option for “Farmers Identity Shield”. Another suggested
option is loss assessment coverage.
Are there any discounts offered?
Yes, we have discounts for auto/home, non-smoker,
protective devices such as a fire/smoke alarm, and there is an
over 50 years old discount.
Why should I get my condominium insurance
from your company?
We have an excellent condo policy with very low
rates. Our agents are knowledgeable about this type of policy
and will provide superior service.
What if I have other questions?
Please contact one of our agents at 281-537-2700.
Return to the Texas Condo Insurance Home Page
|
