Life is meant to be lived, without niggling questions of “What if?” in the background. Our condo insurance policies lay that question to rest, complementing your condo association’s policy to make sure you have complete coverage.
Typically, an association policy covers the basic structure and common property as well as liability for injuries on common property. But every association functions a little differently, and their policies are unique as well. A Farm Bureau agent can help you spot what’s left out of your association policy and tailor your coverage to exactly what you need.
The basic coverage is the same as a homeowners policy, with plenty of customization available.
Property damage coverage includes your condo and your belongings inside.
Personal liability coverage protects your personal assets if you’re liable for another person’s injuries or damage to their property, regardless of location.
Medical payments coverage helps cover the cost of medical treatment for people injured at your home or even away from it, depending on the circumstances.
Additional living expenses coverage ensures that the cost of staying in a hotel or short-term apartment is taken care of if your condo is damaged and you need to live elsewhere temporarily.