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Condo Insurance for All of Texas

Condo Insurance Fundamentals

Condo ownership usually comes with some degree of basic insurance coverage from the condominium association overseeing the community in which the resident lives. Typically, such coverage is restricted to one of the following three policy types:

  • Coverage for the complex’s primary buildings and common areas
  • Coverage for each building and for items within each unit deemed property of the complex
  • Coverage for each building, each individual unit, and for any fixtures or occupant-made improvements to the unit
condo insurance

Condo Insurance Liability Coverage

Association insurance typically include a minimal level of personal liability coverage for the owner. However, this complimentary coverage won’t sufficiently protect most occupants all potential liabilities. For instance, if a guest suffers an injury or property damage while on the condo owner’s premises, association coverage probably won’t pay the damages—or not all of them. This situation can be significantly worsened if the owner gets sued for negligence. Additionally, most association insurance provide zero coverage for injury or property damage to condo owners and their families.

What Does Condo Association Insurance Cover?
You need to know

As a condo owner, you need to familiarize yourself with the courtesy coverages provided by your association. Understanding these coverages will allow you make informed decisions regarding condo insurance and the coverages that will provide maximum protection for your assets.

Condo Insurance Protects Your Investment

Your condominium represents a sizable investment—easily one of the biggest most people will ever make in life. Without proper insurance, you could lose everything if or when calamity hits. With proper condo insurance protecting your assets, you’ll be able to more-easily recover and get back to life-as-normal after disaster.

What Does Condo Insurance Cover?

Condo insurance policies generally protect against fires, wind and hailstorms, lightning strikes, theft, and other unexpected events not covered by condominium association insurance.

Are There Any Condo Insurance Exclusions?

The following specific types of events are not covered by condo insurance:

  • Floods
  • Earthquakes and mudslides
  • Settling
  • Natural deterioration and neglect
  • Birds, rodents, insects, and domesticated animals

Discounted Condo Insurancewith Multiple Policies

If you’re already a Walzel policyholder and purchase a condo insurance policy through one of our carriers, you may qualify for discounted rates. Ask us about multi-policy discounts when you bundle a condo policy with other coverages.

Contact Walzel Insurance Agency, LLC for a Free Condo Insurance Quote

If you’re shopping for condo insurance in anywhere in Texas, we’d like to hear from you! As an independent insurance agency, Walzel partners with numerous carriers, empowering us to do the shopping around on your behalf!

We’re committed to empowering you to make informed decisions about condo insurance, and we’re here to answer all your questions. For a free condo insurance quote, click here. Or you can call Walzel Insurance Agency directly at 281-422-2027. We look forward to speaking with you!