1230 N Main Ave
Scranton, PA 18508
When you own a condo, it's important to have the proper insurance coverage that is required. Your lender and/or the condo board will require that you have condo insurance to keep your property protected. However, even if it isn't required, condo insurance isn't a type of insurance that you should ever be without. If you're in Pennsylvania and need condo insurance, contact us at VNG Insurance Agency in Scranton, PA.
One type of protection in your condo insurance policy covers damage to the condo itself. Your condo is a particular space that doesn't include the entire part of the building that you are in. The outer walls are generally owned by the condo board and are insured by them. The space you own is clearly outlined in your purchase contract, and it often includes the inside space up to the inside of the exterior walls, or it goes up to the middle of the exterior walls. Whichever your contract states, that's what you have to have covered.
When you have condo insurance, it also protects your possessions that are inside your condo. In the event of an accident, disaster, etc., your condo policy can pay for your belongings to be repaired or replaced, depending on what is wrong with them. This is valuable coverage that can get you back to normal life after a damaging incident occurs.
Even if it isn't a house, you have the same potential for accident liability in a condo. If someone came into your home and had an accident, you would likely be liable for their medical bills. With condo insurance, this is paid, and there is no reason for the injured person to sue you.
If you don't yet have a condo policy for your home, it's time to get one. Give us a call at VNG Insurance Agency in Scranton, PA if you are looking for condo insurance in Pennsylvania.