Contents – When determining the value of the contents you need to consider such items as your furniture, clothing, linens, pots and pans; the list can go on and on… Some special valued items may have limits and require Specific Floaters. Such items may include but are not limited to jewelry, computers, collectibles, musical equipment
Improvements & Betterments – The condo corporation provides for a basic unit. This coverage provides for any improvements you make to the unit. For example, upgraded flooring, new bathroom, fixtures, kitchen renovations, just to name a few.
Loss Assessment – As a member of the Condo Corporation you can be assessed a portion of damage to shared or common areas in the complex. For example, hallways or entrances.
Contingent Coverage – If the Condo Corporation has no insurance or its insurance is inadequate, you can be assessed a share of the uninsured loss.
Personal Liability Coverage – insures for the costs arising from an incident if you are found negligent for injury or property damage of others.