Rhodes Insurance Agency: The Name for Better Texas Condo Insurance

Condo Insurance: Coverage Fundamentals

If you live in a condo, your Condo Association probably provides some level of rudimentary insurance coverage. Typically, such coverage is limited to one of the following three types of policy: 

  • Coverage for the complex’s primary building and common areas 
  • Coverage for each building and for items within each unit considered to be property of the condominium complex 
  • Coverage for each building, each individual unit, and for any fixtures or improvements to the unit made by the occupant 
Condo Insurance Texas

This usually and basically means the building's exterior is covered by the Condo's Association, but you are still responsible for the contents inside. This is where Rhodes Insurance Agency comes in. 

Condo Insurance Liability Coverage

Condo Association coverage also typically features a small level of personal liability coverage. For most occupants, however, this coverage won’t offer sufficient protection against every possible liability.  

For example, if a guest suffers an injury or property damage while in your condo, association coverage may not be sufficient to cover the damages—especially if you get sued. Additionally, condo occupants themselves get no coverage at all for injury or property damage. 

Know Your Condo Association Coverages

If you’re a condo owner, it’s crucial to know the types and amounts of courtesy coverages provided by your condo association. Understanding those built-in coverages will help you make informed choices regarding condo insurance and the coverages you need to gain maximum protection. 

Condo Insurance Protects Your Assets

For most people, buying a condo represents one of the largest investments they’ll ever make. You wouldn’t dream of carrying insufficient coverage on your house, and sufficient condo coverage is just as importantWithout it, you stand to lose almost everything in a disaster. Like solid home insurance, comprehensive condo policy protects your assets, allowing you to more-easily recover and get back to a normal life when disaster strikes. 

What Does Condo Insurance Cover?

With sufficient condo coverage, you can protect your condo from fires, wind and hailstorms, lightning strikes, theft, and other events not covered by the condo association coverage. Without the proper insurance policy from Rhodes Insurance Agency, can you afford to rebuild the interior of your condo from scratch? Your policy through Rhodes Insurance Agency will help assure you can cover the cost of repairing or replacing items following a covered incident. 

What Are Condo Insurance Exclusions?

As with home insurance policies, condo insurance doesn’t cover specific peril types: 

  • Floods 
  • Earthquakes and mudslides 
  • Settling 
  • Natural deterioration and neglect 
  • Birds, rodents, insects, and domesticated animals 

Multi-Policy Condo Insurance Discounts

If you purchase condo insurance through a Rhodes Insurance Agency carrier, you may be eligible for discounts if you’re an existing Rhodes Insurance policyholder. Whether you’re an existing customer with our agency or not, ask about multi-policy discounts when you bundle condo insurance with other policies. 

Contact Rhodes Insurance Agency for a Free Condo Insurance Quote

If you’re shopping for condo insurance anywhere in Texas, we’d be thrilled to hear from you. As an independent Texas insurance agency, we represent multiple insurance companies. We are able to compare coverage and prices in order to offer you the greatest value for your needs. In addition, we combine years of experience with cutting-edge products to provide exceptional service to all of our policyholders. Our ability to comparison shop on your behalf saves you lots of time, too!

If you’re ready to see how much we can save you on condo insurance, call Rhodes Insurance Agency today at (325) 677-6303! For a free online condo insurance quote, fill out the quote form on this page!