Condominiums are designed to provide peace of mind living, but be aware that not everything is covered by your condo fees, nor the condominium association’s insurance.

The condominium association will have insurance for the building, common elements, and possibly some features within your condo unit, but not everything will be covered by the condo association’s insurance policy. You are responsible to insure your own personal property (called contents insurance), as well as any improvements or betterments that have been made over and above a standard condo unit. It is important that condo unit owners have a condo unit owner insurance policy to protect their personal contents, as well as any additions or alterations to their personal condo unit.