Naples Condominium Insurance
Call us (239) 596-6226 and let us give you a quote on your Naples condominium insurance!
There was a time when it was easy to purchase insurance for your condominium. The policies seemed to cover more and they were definitely a lot cheaper. But as we learned with Hurricane Irma, when it comes time to pay the claim all condo insurance policicies aren't the same. We are a family owned, Naples independent insurance agency who have been serving southwest Florida residents since 1992. Let us help you decide what coverages you need, so that you can be comfortable knowing that you bought the right condominium insurance policy at an affordable price.
As a full service independent insurance agency we represent a number of leading condominium insurance companies in Florida. Names you know like Nationwide Insurance, Bankers Insurance Group, Tower Hill, Citizens, St. Johns, Olympus, Universal Property & Casualty, Federated National, Heritage, American Inrtegrity, and many more.
If your condominium insurance is being cancelled, if you are reviewing your current condominium policy's coverages and rates, or if you are new to the area and looking for a Naples insurance agent, please click here to complete our quote form or better yet give us a call!
What type of insurance do I need for my condo?
If you have purchased a condominium and you have a mortgage, the bank will require insurance to protect its financial interest in your home. You may, however, need additional insurance to cover your personal items, liability or loss assessments that may be charged to you for losses to the shared areas of your condominium like the parking lot, car ports, pool house etc. Even if you don't have a mortgage you should carry insurance on your condominium to protect your property, the additions and alterations to you have made to your unit, for liability protection from being sued, and from accessment from you association from losses not covered by their insurance.
Your own insurance policy.
You should also consider the following additional coverages:
These separate policies will provide you with additional protection:
To adequately insure your condominium, it is important to know what structural parts of your home are covered by the condo/co-op association and what are not. You can do this by reading your association’s bylaws and/or proprietary lease. If you have questions, talk to your condo association, contact us, or family attorney.
Sometimes the association is responsible for insuring the individual condominium units, as they were originally built, including standard fixtures. The individual owner, in this case, is only responsible for alterations to the original structure of the apartment, like remodeling the kitchen or bathtub. Sometimes this includes not only improvements you make, but those made by previous owners.
In other situations, the condominium association is responsible only for insuring the bare walls, floor and ceiling. The owner must insure kitchen cabinets, built-in appliances, plumbing, wiring, bathroom fixtures etc.
Also don’t forget to ask about all available discounts. You can reduce your rates by raising your deductibles and by installing a smoke and fire alarm system that rings at an outside service.
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Our Contact Information
Olson & DiNunzio Insurance Agency, Inc.
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