It is essential to have the correct type of insurance for your condominium unit. There are many insurance providers that will protect your property. Here are the best condo insurers. Liberty Mutual is one of these companies. USAA and Country Financial are two others. These companies have various benefits and features that will suit your needs.
Country Financial
It is important that you consider the features you are most concerned about when choosing 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 get the best coverage, you need two policies: one that covers the basics, such as fire and lightning damage, and the other that covers more specific risks. Typically, a basic condo insurance policy will cost around $328 a year. Other features to look for in a policy are the Premier package, which will cost about $30 a month.
Country Financial not only offers quality coverage but also great customer service. You can reach them online or by phone 24 hours a days. Their customer service representatives will be happy to answer any questions and resolve any issues. Country Financial has an Android and iOS app, which lets you pay bills or report claims. The app also allows you to check on your policy.
Liberty Mutual
Liberty Mutual can be your best choice for condo and homeowner insurance. Liberty Mutual not only offers customizable policies but also provides insurance services that have been helping homeowners for over 100 year. This company offers affordable policies that can be used by both homeowners and investors. You can get condo insurance for either your new or existing home.
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
While you can buy homeowners insurance that includes HostAdvantage for a low price, it's not a great option for condo owners. HostAdvantage's insurance plan does not cover damage to rented condos. The coverage also doesn’t cover tenants or guests. HostAdvantage is meant to supplement homeowner's coverage, but short-term rental owners may prefer separate insurance policies. You have many options when it comes to vacation rental owners.
Home-sharing policies are available starting at $50 per calendar year, with a limited amount coverage. Many of them include up to $10,000 of personal property coverage. The amount of personal property insured and the length of the rental vary. Renters may be covered up to $10,000 by Allstate HostAdvantage. These policies also cover theft and vandalism.
Auto-Owners
Auto-Owners can provide a variety insurance products, such as auto insurance. Customers can manage their policies and track their claims online. Customers can also print and make payments online. Bundling insurance policies are also available at a discount. Customers can get the best rates by paying their premiums annually in advance.
Auto-Owners offers lower rates than the average and many coverage types including personal property, dwelling, and other structures. Additional living expenses coverage is also offered by the company to help homeowners pay for rental and hotel accommodations, as well as rebuild their homes.