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Privacy Policy
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Houston-Condo-Insurance.com
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COVERAGE INFORMATION
A Houston condo insurance policy has coverage’s that are intended for the
special needs of a condo owner. This type of policy includes the
following coverage’s:
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Damage caused by
lightning or fire
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Accidental and sudden
smoke damage
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Hurricane, windstorm,
and hail damage
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Explosion and/or
building collapse
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Theft (if owner
occupied)
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Plumbing freezing,
leakage, overflow (including if from a household appliance
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Falling objects
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Damage caused by a
vehicle or aircraft
To select the amount of
personal property coverage you should consider coverage provided by
your condominium association. If you have a good association policy
it is suggested to insure personal property to 30% of the condo
value or greater, plus the value of your contents.
Personal Liability Coverage
This coverage pays for bodily injury to other people or damage
to their property that you are obligated to pay, up to your policy
limit.
Personal property is covered anywhere in the world. (Limited to 10%
of the personal property limit and policy terms)
Optional Coverage's
Here are some available upgrade options and the approximate
cost:
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Replacement cost -
$8/month extra – claims paid at replacement cost instead of
actual cash value – HIGHLY SUGGESTED!
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Maximum limit of
liability coverage of $500,000 - $2/month extra - HIGHLY
SUGGESTED!
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Jewelry Floater -
$10,000 coverage is about $17.00/month – A good option if your
have expensive jewelry.
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Loss Assessment -
$10,000 coverage is about $1.00/month - HIGHLY SUGGESTED!
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Identity Shield -
$6/month extra – good protection for a growing problem.
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Business Personal
Property - $5,000 coverage is about $2 per month
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Personal Computer -
$2,000 additional coverage for about $1 per month – Worth the
cost if you have expensive computers.
These are Houston area
examples and your actual cost may be more or less. Please ask one of
our agents to discuss your needs and exact rate.
Disclaimer: This is intended only as general information. The policy
itself should be read for coverage’s and exclusions.
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