Condo Insurance


Condo Insurance

Condos are unique. Find the coverage you need. Serving Indianapolis and all of Indiana.

Owning a condo brings unique insurance needs, which Paul Branham Agency is expertly equipped to handle. Our condo insurance policies are tailored to not only safeguard your personal property and provide liability coverage but also cover any additions, alterations, and improvements you make to your unit. This aligns with the responsibilities set out in your condo association agreement, ensuring comprehensive protection.

We also offer optional loss assessment coverage. This important feature can protect you against certain assessments that your condo association might levy. Whether it’s for property damage in common areas or shared structures, this coverage ensures you’re not left financially vulnerable to these unexpected expenses.

In the event of a covered loss where you need to temporarily vacate your condo, our policies compensate for your additional living expenses. This ensures that you have a comfortable place to stay without bearing the brunt of unforeseen costs.

Paul Branham Agency understands the intricacies of condo living and the importance of a tailored insurance policy to meet these specific needs. Contact us to discuss how we can provide the right coverage for your condo, ensuring your home and lifestyle are protected.

Request a free online quote or call us at 1-812-327-0690 to get started

What Does Condo Insurance Cover?

Condo insurance from Paul Branham Agency goes beyond just covering your personal property; it offers an array of options to fully protect your home and lifestyle. One such option is Full Value Personal Property coverage. For just a few extra dollars, this coverage ensures you receive the full replacement value for your belongings, without depreciation, in case of a covered loss.

Upgrades to your condo, like custom cabinets or hardwood flooring, are also protected through condo building item coverage. It’s important to review your HOA agreement to understand what’s covered by the Association’s policy and what falls under your responsibility. Additionally, in instances where common areas suffer damage, your condo association might charge assessments to all owners to cover the association policy’s deductible. Our policies offer various limits of loss assessment coverage to safeguard you against these potential expenses.

Your policy also includes liability coverage, protecting you and your family against bodily injury and property damage claims, as well as any resulting litigation, up to your chosen limits.

Moreover, you have the option to add medical payments coverage. This pays for medical expenses if a visitor is injured in your condo, regardless of who is at fault, with different limits available to suit your specific needs.

At Paul Branham Agency, we understand the unique insurance needs of condo owners. Contact us to discuss how we can tailor a condo insurance policy that provides robust protection for your home, personal property, and financial well-being.