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Houston Condo
Owners Insurance - Questions and Answers
Is there a policy that is designed for condominium unit owners?
Yes, we have a policy specifically designed for this.
How much should I insure my property for?
In most cases there is an association policy that insures
the property up to the studs or bare walls. In that case we suggest
insuring for at least 30% of the units value, plus the value of
furnishings like appliances, furniture, electronics, and clothes.
The minimum for personal property is $25,000. If you are not sure
about how much coverage to get one of our agents can help you
decide.
Can you insure a unit rented to others?
Yes, we can do that. It is a good idea to require the
tenant to also have their own policy for the tenant’s personal
property and liability.
What is the cost for this type of policy?
The premium can vary depending on rating factors. As an
example $25,000 in personal property plus liability coverage could
be around $20/month in the Houston area. Non-costal area rates tend
to be lower. To get your rate please send the online request form or
call toll free to 1-866-426-5800 for a quote.
What are the payment choices?
For most policies we offer full pay, 2 pay, and monthly.
If you select monthly there is an option for EFT automatic payments.
What areas do you provide service for?
Anywhere in the state of Texas.
What are my coverage options?
You can insure your personal property for $25,000 or greater.
$25,000 is standard for liability coverage and that can be increased
to $500,000. If the condo is your primary residence there is an
option to upgrade to “replacement cost valuation”. Identity theft
coverage is available. Another suggested option is loss assessment
coverage.
What types of discounts are available?
Available discounts include over 50 years old discount,
auto/home, non-smoker, and a protective devices discount if you have
a fire/smoke alarm.
Why should I get my condominium insurance from your company?
We have an excellent condo policy with very low rates.
Our agents are knowledgeable about this type of policy and will
provide superior service.
What if I have other questions?
One of our agents will be happy to help you. Please
contact us at 281-537-2700.
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