As a condominium owner you may think you don’t need homeowners insurance in Glen Rock. Many people believe the condo association’s insurance policy covers everything. It does protect the building and common areas. It also safeguards against injuries or accidents that may occur on the tennis courts, swimming pool or inside the building. However, this type of policy leaves everything inside your condo unprotected.
Without your own policy, you face various exposures that can result in personal losses. What happens if your home is vandalized or burglarized? What if it is damaged by fire, smoke or lightning? These or other incidents can damage your clothing, computer equipment, furniture and appliances. The condo association policy will not cover these losses. This is why having a homeowners policy is so important. With the right protection, you can safeguard your valuable assets. In addition, it can provide you with liability coverage. What happens if you are sued by someone who is injured on your property? If you don’t have a policy it place, you may be left paying hundreds or thousands of dollars in legal and medical fees.
Homeowners insurance in Glen Rock is the best solution for a condo owner. It can protect the possessions you have worked hard for – and give you a piece of mind.