Condo Insurance in Florida

Owning a condo is a significant investment, and it's essential to protect it with the right insurance coverage. Even though Condo owners pay a mortgage and make their own repairs like any traditional homeowner would, they share some similar circumstances similar to those of renters. This is because their home is attached to other condo owner's homes, and they share a building or complex. This creates unique circumstances and risks. Norton Insurance of Florida can help build a Condo Owners policy that fits the needs of your Florida condo.

Condo Association insurance can help but it often is meant for the building itself rather than what's inside. This is where a condo insurance policy is different from a homeowner's policy because you usually will just need to cover the valuables inside your condo.

Condo Insurance Coverage in Destin and Ft Walton Beach, Florida

Types of Property Coverage:

• Dwelling Coverage protects the interior of your condo unit, including walls, floors, ceilings, and any improvements or upgrades you've made. It covers damages caused by covered perils such as fire, wind, and vandalism. 
• Personal Property Coverage protects your personal belongings, such as furniture, electronics, clothing, and appliances. If your items are damaged or stolen, this coverage helps you repair or replace them. 
• Loss of Use is for when your condo becomes uninhabitable and you incur expenses, such as hotel stays, meals, and additional costs. 

​Types of Liability Coverages

• Personal Liability protects you against legal claims made by others for bodily injury or property damage occuring within your condo. This coverage helps pay for legal feees, medical expenses, and any settlements or judements resulting form covered incidents. 
• Medical Payments provides coverage for medical expenses if a guest is injured on your property, regardless of fault. 

Additional Condo Coverages

• Assessment Coverage provides financial protection for when your condo association levies a special assessment to cover damages to common areas or association property. This will help pay your portion of the assessment. 
• Water Backup provides coverage for damages caused by water backing up from sewers or drains, which is not typically covered under standard policies. 

Get a quote with an experienced insurance agent in Florida

Let our agents explain how a condo insurance policy is tailored to your needs for coverage of valuables, appliances, property and the interior of the condo.At Norton Insurance of Florida, we have the experience and insurance companies to make sure you have all of what's important to keep you protected. We service the Fort Walton Beach, Florida including the Crestview, Destin, Miramar Beach, Niceville, and Santa Rosa Beach areas.