Condo Insurance

Have you ever thought about what it would be like to have a condo? We at Clive S O Abrams & Associates LLC have helped hundreds of clients find the best coverage for their condo to suit their needs. We understand how important it is to protect yourself and your assets.

Requirements for Condo Insurance Coverage in Georgia

Condo insurance is a relatively new addition to Georgia's real estate market, but it's becoming increasingly popular. Here are some things you need to know about condo insurance in Georgia:

• The same policy covers most condos as single-family homes. So, you can generally use the same insurer for both types of buildings. However, a few exceptions exist, such as if your building has a pool or hot tub on the roof. Moreover, you can't use the same insurer if your condo has been deemed dangerous by the city. In these cases, you may need a separate policy for your building.
• Condo owners who live in an association-governed unit are covered under one policy. However, getting quotes from multiple insurers is the best way to ensure your building and its owners are covered under one policy.
• Condominium insurance is required for all condo owners, not just those who live in the building. The primary reason is that condo owners are responsible for their personal property.
• You'll probably want to add liability insurance if you have tenants or other people living in your building. Liability coverage will cover any legal costs of defending yourself against lawsuits from injured people who are residents of your building or guests attending events at your facility.

We know that choosing the right protection can be overwhelming at Clive S O Abrams & Associates LLC of Georgia. We partner with the industry's leading companies to ensure your assets are protected to find affordable coverage options. Therefore, we'll help you find a plan that fits your needs.

Get in touch with us today at Clive S O Abrams & Associates LLC in Georgia to learn more about how we can assist you.