Condominium Insurance in Cincinnati, OH
A sufficient condo insurance policy may help you avoid substantial financial losses should your unit get damaged or a third party file a claim against you. If you’re looking for a policy that meets your coverage needs, R.M. Price Insurance Agency is here to help you.
What Is It and What Does It Cover? 
Condo insurance, also known as HO-6 insurance, may cover unexpected risks and liabilities involving your unit. Without it, you may have to shoulder repair and replacement costs on your own, which could lead to heavy financial losses.
While insurers may vary in their policy offerings, a standard condo insurance policy may provide the following coverages:
- Dwelling coverage may help pay for the repair costs of internal fixtures such as cabinets, floors or walls within your unit.
- Personal property coverage may cover the repair or replacement of your appliances, clothes, electronics or furniture, up to policy limits.
- Personal liability coverage may help pay for expenses related to third-party bodily injuries or property damage for which you’re responsible.
- Additional living expenses may cover your meals, shelter and other expenses if you’re forced to temporarily move out of your condo after a covered loss event.
How Much Coverage Do I Need?
The amount of condo insurance coverage you need may depend on your location, the cost to repair or replace interior fixtures, and, your condo association’s policy. A good rule of thumb is to ensure that you have sufficient coverage to replace your belongings and pay for necessary costs of third-party claims. If you own high-value personal items, you may want to consider higher levels of personal property coverage.
Get a Policy Today
Contact R.M. Price Insurance Agency today to learn more about your condo insurance options or request a personalized quote.