Condo Insurance in Iowa

Many residents of Iowa prefer to live in condos because it is cheaper and more convenient. However, like any other type of property, a condo needs protection from unforeseen circumstances that might happen at any time. The best way to protect it is to get condo insurance. This type of insurance is designed specifically for owners of condominium units to protect the condo and personal belongings in the event of damage or theft. For those who live in Iowa, Sump Insurance prepared important information about condo insurance that you should know:

Types of Condo Insurance Available

Whether you live in a smaller town of Clarinda, IA or a big city like Cedar Rapids or Des Moines, there are three types of condo insurance available to you:

• Bare walls-in Policy. It is the least inclusive type of condo insurance covering the framing of a condominium unit and all collectively owned structures and items. All the personal belongings and fixtures inside the condo are not included. If you decide to purchase this type of insurance, you will need an additional more comprehensive policy for your own possessions.
• Single entity coverage policy. This policy protects all property in the complex except the owner's personal belongings (like furniture, for example). It covers appliances and fixtures, but it does not include the renovations and improvements conducted by the owner.
• All-inclusive coverage policy. This type of condo insurance is the most inclusive. It covers all the repairs and innovations needed to return the condo to the state it was before the damage, including fixtures, appliances, and any improvements that are necessary.

Get Condo Coverage That You Need

If you are a condo owner from Clarinda, IA, or any other surrounding town or city, Sump Insurance, with a team of experienced and qualified professionals, is ready to guide you through the process of finding and purchasing a perfect insurance plan. Visit our office or call us today to figure out what options you need to protect your home.