Damage caused by a neighboring condo unit can be frustrating and costly. Whether it’s water leaking from an upstairs unit or a fire spreading from next door, condo owners in Cleveland, OH need to know how their insurance can help in these situations. Understanding your coverage is key to protecting your property and finances.
How Condo Insurance Covers Neighbor-Related Damage
Condo insurance typically includes coverage for your personal property, interior structures, and liability. If damage originates from a neighboring unit, your policy may cover repairs to your walls, floors, and belongings. In some cases, your neighbor’s insurance may also be responsible for the damage, depending on the circumstances. Great Lakes Insurance Pros can help Cleveland, OH residents navigate these situations and determine how their coverage applies.
When the Condo Association’s Master Policy Comes Into Play
Shared spaces, such as hallways or lobbies, are usually covered by your condo association’s master policy. However, if damage from a neighboring unit extends into your condo, your personal insurance will likely need to step in. It’s important to understand the difference between your policy and the master policy to avoid gaps in coverage. Great Lakes Insurance Pros, serving Cleveland, OH, can help you review your policy and ensure you’re fully protected.
Take Action Before Damage Occurs
Don’t wait until an incident happens to review your condo insurance policy. Contact Great Lakes Insurance Pros today to make sure your coverage is sufficient. Cleveland, OH condo owners can benefit from expert advice and personalized insurance solutions to protect their homes and belongings.
