Condo Insurance is a specialized insurance policy that not only protects your condo but also your personal liability and your personal property. If you own a townhome or condo in Long Beach California, you have different insurance needs than the typical homeowner or renter.
Now that you own your new condo, you also share ownership in the common areas and overall structure of your building. While the amenities you now have access to are great, you need to make sure you are fully protected. Although your association dues help pay for upkeep of the common areas, they do not typically cover your personal property within your own unit, or your personal liability if someone is injured on your property or throughout the common areas.
The Association will be covered for liability issues within the common areas but you and your family also need to protect yourself from potential liability claims.