Condo Association Insurance in Texas

What Can Condo Association Insurance Do for You?

Condominium owners’ associations have unique insurance needs, but like all homes, they too face perils like hurricanes, fire, theft, and vandalism. The condo association policy typically provides coverage for common areas of a condo complex, including hallways, elevators, sidewalks, roofs, and basements. Quote Texas Insurance can provide you with custom insurance coverage according to your needs.

While a condo’s common places and certain areas are shared, owners still control individual units that they are completely responsible for insuring. 

With over two decades of insurance experience, our insurance professionals can help you with custom-tailored and reliable condo association insurance solutions. If you are interested in a commercial condo association insurance from Quote Texas Insurance, give us a call at 844-402-4464 to talk to us directly.

Condo Association Insurance Coverage

Condo Association Insurance Coverage
  • Bare Wall Coverage — This methodology covers common areas of the property that are collectively owned like walls, floors, roofs, and elevators. This, however, excludes building property that individual unit owners own and use exclusively such as bathroom and kitchen fixtures, cabinets, carpeting, appliances, wallpapers, and other items in individual units.
  • Single Entity Coverage — With the single entity approach, the condominium association master policy covers all genuine property in a residential condominium structure, including bathroom and kitchen fixtures in individual units. Please know that this coverage does not include any structural improvements, upgrades, or additions that the individual unit owner has personally made. Thus, the unit owner is responsible for covering only his or her personal property.
  • All-Inclusive Coverage — Under the All-Inclusive Coverage, the condominium association master policy covers all real property in a residential condominium structure, including any structural improvements, enhancements, or additions that the individual unit owner has made. Additionally, it provides coverage for kitchen and bathroom fixtures in individual units. It also offers coverage to replace a unit to the condition it was in at the time of the loss. With this approach, the unit owner is responsible for covering only his or her personal property.
Superior Protection from Legal Lawsuits for Condominium Associations

Superior Protection from Legal Lawsuits for Condominium Associations

Condominium owners face numerous liability risks that are associated with managing swimming pools, spas, saunas, playground equipment, parking lots, and more shared spaces that could cause bodily injuries. The association may also get sued for failing to provide adequate security and a unit owner is harmed or burglarized.

Quote Texas Insurance’s General Liability Insurance provides superior coverage when such accidents or legal lawsuits arise. Our general liability insurance offers comprehensive financial assistance to protect your condo from situations like this.

How Can You Reach Quote Texas Insurance?

We Are Available All Across Texas

Established in 2001, our company offers businesses an opportunity to have a true insurance advocate. Every one of our licensed staff is fully trained and educated in our specific process of cost reduction and coverage enhancement. This means you don't pay more for extras you don't need.

Quote Texas Insurance proudly serves Alvarado, Cedar Park, Galveston, Jacksonville, Lexington, and more surrounding areas in our service area in Texas. Call us Today at 844-402-4464 to talk to one of our insurance professionals or leave a message online and we will call you back!