Build on Your Association's Coverage
For a More Complete Peace of Mind
Condo Insurance is very different from Renters Insurance. There's more you need to protect than just your possessions.
Most condominium associations insure the building's structure and common areas, but each unit's interior construction is the responsibility of the homeowner. If your condo is destroyed, it may be up to you to replace drywall, flooring, cabinets, lighting fixtures and so on.
Also bear in mind that if you are found liable for damage to a common area - say your adorable new puppy rips up the Berber carpet in the lobby; you may be responsible for repairs.
To make sure you have the right policy coverage, be prepared to tell your Allstate agent what deductible amount your association's policy has. Read Allstate's Guide to Condominium Insurance.
Typically your Condo Association is only responsible for the structure
You are typically responsible for all interior fixtures and construction
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Your Condominium Insurance Policy Will Include:
- Personal Property Protection
Covers the loss or damage to your stuff
- Real Property Protection
Coverage for things you own such as fixtures and other installations that are not typically considered personal property
- Family Liability Protection
Provides legal representation and insurance against judgments
- Guest Medical Protection
Covers medical costs for visitors injured at your home
- Additional Living Expenses
Reimbursement for costs of temporary housing during reconstruction
- Building Property Protection
Condo owners are typically responsible for insuring their units, and the association is generally responsible for the exterior of the units and the association's property.
Coverage Options:
Insurance Discounts & Savings:
- Multi-Line (Home + Auto) – Save up to 15% depending on the type of home and the state in which you live.
- Protective Devices – Save up to 15% depending on the combination of installed protective devices.
- 55 or older and retired – Save 10-25% depending on the type of home.
Also Consider Purchasing
Loss Assessment Coverage
This would pay for your share, up to your policy limits, when your association requires an assessment on all unit owners for certain covered losses.
Flood Insurance
Since a Condo Insurance Policy doesn't typically cover floods, find out if you're eligible for a National Flood Insurance Policy.
Please see the disclaimers below.
The availability, qualifications and amounts of these coverages and discounts may vary from state to state. In addition, other terms, conditions and exclusions not described above may apply, and total savings may vary depending on the coverages purchased. In some states, we may offer coverages and discounts that are not listed here. For more information regarding your eligibility for certain coverages and savings opportunities, please contact your Allstate agent.
Excess Flood Insurance coverage may currently be available but only in the following states: Alabama, Alaska, Arizona, California, Colorado, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Louisiana, Maine, Maryland, Michigan, Mississippi, Nevada, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Texas, Virginia, Washington. In order to qualify for an Excess Flood Insurance Policy, you first need to purchase a National Flood Insurance Policy through Allstate. Excess Flood Insurance is provided by one or more insurance carriers not owned by or affiliated with Allstate Insurance Company. Excess Flood Insurance is subject to availability and qualifications. Other terms, conditions and exclusions may apply. Contact your local Allstate agent to find out whether Flood Insurance coverages are available in your area.