How is Condo Insurance Different than Homeowner’s Insurance?

Condos are a great way to live but if you do not have the right insurance your valuables and home could be at risk. For those in the Myrtle Beach, SC area, condos are a must and the agents with Benefit Insurance Services can help you find the perfect policy.

The main difference between condo insurance and home insurance is that with a condo, you are not responsible for the exterior of the building. In most cases, the owner of the condos maintains the exterior of the building so that the residents need only worry about the interior of the home and their belongings within. In most cases, the actual building is going to be protected by an insurance policy that the owner holds and you do not have to worry about it.

This means that your policy is going to mainly focus on the protection of your items inside the condo and to help protect from any injury that might occur to guests while they are in the condo. This means that condo policies, much like apartment or renters policies, are going to focus on creating an in depth and in detail list of all the items that are within the home. This allows the insurance agency to get a good idea of what needs to be protected should there be something like a fire or a burglary.

For those that have condos, condo insurance is a great way to keep your valuables safe without having to worry about how you are going to do so. For those that live in the Myrtle Beach, SC area, the agents with Benefit Insurance Services can help you to find the right policy to protect yourself and your belongings if you live in a condo.