What You Need to Know About Condos and Condo Insurance

It’s easy to see why condos are growing in popularity.

They offer a more maintenance-free lifestyle, the opportunity to live in an urban setting close to desirable amenities and the chance to live in a community of likeminded individuals such as seniors, young professionals and more.

If you’re in the market for a condo—or if you’ve recently purchased one—you may have considered these things. You may have even found some other positives of your own.

Yet you may also have some questions when it comes to your condo and your condo insurance. If you do, this series of posts is here to help you out.

• Condo trends: This post will give you a snapshot of today’s condo market. Is it growing? Shrinking? What are the most popular regions for condos? We’ll also talk about who is renting and buying condos based on the latest demographic information from the U.S. Census.
• Pros and cons: Are you considering the condo life or already living it? In either case, you might have your own pros and cons. Compare it against ours to see what matches and what you haven’t yet considered. You may just find a few more positive aspects you haven’t thought of yet.
• Condo insurance coverage: Condo insurance is different from traditional homeowners insurance. In this post, we’ll explore those differences and what they mean to you.
• Expert condo insurance advice: An insurance pro shares what you should look for when taking out an insurance policy on your condo. You don’t want to pass up his ace advice.

Ready to learn more? Then let’s get started.

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