Condo Insurance Coverages

Every condominium home is different. And that's why choosing Condo Insurance from the GMAC Insurance Homeowners Program* is all about flexibility – the flexibility you need to insure your condo or co-op for what isn't covered in the master policy.

We help you protect what may be your greatest asset – your condo home. And that means counting on us for the condo unit improvements you may have made, along with protecting you against theft, vandalism, and the other named perils that could otherwise put you at risk.

Here are some of the condo and co-op coverage options you can enjoy:   

• Primary Dwelling Coverage – covers alterations, appliances, fixtures, improvements and certain permanent attachments that are part of the building and within the residence premises.
• Personal Property Coverage – protection for your personal property or possessions.
• Loss of Use Coverage – reimburses you for loss-of-use expenses caused by named perils up to coverage limits.
• Medical Expenses Coverage – coverage of medical expenses to others as a result of bodily injury up to a certain limit.
• Liability Exposures Coverage – coverage for bodily injury or property damage caused to another person.
• Expense-of-Loss Assessment – protects you for up to $1,000 of loss assessment by your condominium association against unit owners, with higher limits available.
• Additional Optional Coverages – protects property such as personal computer equipment, business property, jewelry, bicycles, cameras, and more. Also available are extended coverages for liability insurance.

And remember – review your condo insurance needs and the association's master policy periodically.

• Have you replaced flooring or lighting? Reflect that increased value in your coverage.
• Has your financial situation changed? You may need to evaluate your personal liability coverage.
• Added a security system? This may help reduce your condo insurance premium!

Ready to begin?

It's easy. Get an online condo insurance quote or call 1-866-675-3669 for your free, no-obligation quote. Start the process that leads to your financial – and personal – peace of mind.