Condo Insurance

Does your condo association have you covered?   Most likely not.

Determining the right insurance coverage for your condo is not always easy.  The first step is to discover what is covered by your condo association’s insurance. Most associations have a master policy, but coverage under these policies varies widely and that insurance policy generally never protects a condo owner from property loss and personal liability.  Many condominium associations only insure the building’s structure and common areas, typically leaving the responsibility for each unit’s interior construction to the condo owner.

If something happens to your condo, it may be up to you to replace things like drywall, flooring, cabinets, light fixtures, and more.  That’s where condo insurance comes in.  It is made specifically to protect condo owners from these risks.

Our knowledgeable insurance professionals at Preferred Insurance will work with you to customize your condo insurance policy to fit your individual needs.

Learn more

  • Do you know what your Condominium Insurance covers? A condominium/co-op insurance policy is designed specifically to meet your unique homeowner needs, including coverage for your personal possessions, structural improvements made to your living space and additional living expenses incurred due to an accident. Read more by downloading the attachment.
  • Our Favorite Recipe for Grilling Safety There’s nothing like a flame-broiled steak, hamburger or hot dog right off the grill on a summer evening. In fact, many backyard gatherings are centered around the grill and the family’s resident chef who is creating all the enticing aromas. In spite of how great grilled foods taste, gas and charcoal grills account for an average ...
  • Personal Umbrella Liability Basics It’s an unfortunate fact that accidents happen—and it’s not uncommon for jury awards and out-of court settlements to run into the millions. While it’s difficult to pinpoint the monetary consequences of the risks you and your family take each day, are you certain your current liability insurance offers you enough protection? For example, what if: Your teenager ...

What Our Customers Say…

United Masonry

United Masonry Inc is a Virginia-based masonry contracting company specializing in historical renovations as well as new construction. In our experience, Preferred Insurance is very prompt in ordinary matters and most helpful in extraordinary matters.  As part of our due diligence, we go out to bid every three years or so. Preferred Insurance’s rates are so competitive that we continue to utilize their services. They are wonderful to work with.

David WrightPresidentUnited Masonry Inc