Understanding the Importance of Condo Insurance in Texas

If you’re a condominium owner in Texas, you can protect the value of your condo by purchasing condo insurance. If you’re a first-time condo owner, you might have questions about which type of policy you should buy. Condo owners in the Houston, TX, area are invited to visit our team at Insurance Over Texas for answers to your questions. We’ve been working with clients in your area since 2017.

What Are the Exceptions to Condo Insurance?

Once you agree to purchase a condo, your mortgage broker will require you to buy condo insurance. Your insurance policy is intended to cover damage to your home and property and an injury sustained by someone visiting your home. According to AIS Insurance Specialists, if your condominium is located inside a larger structure, your policy will only cover the damage from your walls inward.

You may be interested in learning what events or occurrences are not typically covered by condo insurance. According to AIS Insurance Specialists, condo insurance does not normally offer coverage for earthquakes, flooding from major storms, expected wear and tear of your structure, or damage from sewer backups. If any of these restrictions concern you, talk with your insurance agent about adding additional coverage for these circumstances.

Contact Us Today for Your Appointment

When you invest in a condominium, you want to be sure your investment remains protected. Residents of Houston, TX, are encouraged to bring their questions about condo insurance to our office. Our team at Insurance Over Texas can provide you with a range of insurance options and will work to build a relationship with you. Call us for an appointment today, and let us show you how to protect your condominium.