It is vital to have the right type of insurance on your condominium unit. There are many insurance companies to help protect your property. Here are the best condo insurers. Liberty Mutual and USAA are three of them. Country Financial is another. These companies have various benefits and features that will suit your needs.
Country Financial
You should think about what you value most when looking for condo insurance. You should also consider whether the insurance company offers renters' and medical coverage. Your insurance premium cost is important, as it can be more expensive than home insurance. To have the best coverage, two policies should be purchased. One that covers basic risks such as lightning and fire, the other that covers more complex risks. A basic condo policy will typically cost $328 per calendar year. Other features to look for in a policy are the Premier package, which will cost about $30 a month.
Besides providing quality coverage, Country Financial also offers great customer service. Country Financial offers 24/7 phone support and an online customer care center. Their customer service representatives are always ready to answer your questions and solve any issues you may have. Country Financial also has an app available for Android and iOS. This allows you pay bills and make claims. The app allows you to review your policy and pay bills.
Liberty Mutual
If you are in the market for condo insurance, consider choosing Liberty Mutual. Liberty Mutual not only offers customizable policies but also provides insurance services that have been helping homeowners for over 100 year. The company offers affordable policies to both homeowners as well as investors. They have condo insurance available for both new and existing homes.
Whether it's a fire, natural disaster, or a burglary, Liberty Mutual will handle your claim for you. They will send an adjuster out to assess the damage. If necessary, they'll help you to schedule repairs up to your coverage limits.
HostAdvantage
It's possible to purchase homeowners insurance which includes HostAdvantage, but it's not a good option for condo-owners. The HostAdvantage insurance plan doesn't cover damage to rented condos, and the coverage also doesn't cover damage caused by guests or tenants. HostAdvantage is designed to be a supplement to your homeowner's insurance, but many short-term rental owners would find it better to purchase separate insurance policies. There are many great options available to vacation rental homeowners.
Home-sharing policies are available starting at $50 per calendar year, with a limited amount coverage. Many include $10,000 personal property coverage. However, the coverage depends on the rental term and how much personal property you have. For renters, Allstate HostAdvantage Insurance covers coverage up to $10,000. These policies also cover theft and vandalism.
Auto-Owners
Auto-Owners offers auto insurance and a variety other insurance products. Customers can track their claims online and manage their policies online. Customers can also print and make payments online. Bundling insurance policies can be discounted by the company. Customers who pay their premium in advance can receive the best rates.
Auto-Owners charges lower than average and provides many types of coverage, including dwelling, personal property, and other structures. Additional living expenses coverage allows homeowners to pay for lodging and rental accommodation while rebuilding their houses.