Condominium Insurance in Fort Worth, TX
Condo insurance may help you avoid major financial setbacks if your belongings are damaged or someone holds you liable for an accident. If you’re looking for a new policy or want to assess your current coverage, Cornerstone Independent Insurance Agency LLC is here to help.
What Does a Policy Cover? 
A standard condo insurance policy may offer the following coverage:
- Personal liability coverage may help pay for the necessary costs if you’re liable for third-party bodily injuries or property damage.
- Personal property coverage may cover the replacement of your furniture, clothes, electronics and other belongings, subject to your policy limits.
- Unit coverage may cover the repair costs of inner fixtures such as walls, cabinets, floors and doors.
- Loss-of-use coverage may reimburse you for your meals, shelter and other expenses if a covered peril forces you to temporarily move out of your unit.
Why Is It Important?
Condo insurance isn’t mandated by Texas law, but your lender or condo association may still require it. The association’s master policy typically covers only the building’s exterior and common areas, such as hallways and pools. That means damage to the interior of your unit or your personal belongings may not be covered. If you’re financing your condo, your lender might also require proof of insurance.
How Much Does a Policy Cost?
In Texas, the cost of condo insurance premiums can vary based on factors like your location, coverage limits and deductible. If rates feel too steep for your budget, consider asking your insurer about potential discounts, such as bundling multiple policies or adding security features to your unit.
Get Covered Today
Contact Cornerstone Independent Insurance Agency LLC today to get a personalized quote or inquire about your insurance options.