Newmarket is one of the nicest places to live in New Hampshire. With a population of just slightly over 9,000, it is a small town. It is also a great place to own a condo. Even in great places, perils exist, and if one of them should affect your condo, you want to make sure you will be able to have the money to deal with it. At Keslar Insurance Agency in Newmarket, NH, our team has the experience you count on to find the right insurance at a fair price.
Unlike home insurance, with condo insurance, you have a condo master policy covering parts of your unit. Since condos share walls, roofs, common areas, and more, the areas your personal condo policy covers are more limited than in a detached home.
Read the master policy to understand where your coverage begins. Many policies are walls in which means built-ins and cabinets, etc., are covered by your condo policy.
Contents include all of your furniture, personal possessions, and electronics. Your condo insurance covers your possessions whether they are in your condo or traveling with you. You have two options for coverage replacement cost or actual value.
The master condo policy provides liability insurance for common areas, but they are your responsibility when someone is in your unit. If they are injured and choose to sue, your liability insurance will help pay any medical expenses, judgment, and legal expenses.
Loss of use
When your condo is damaged, it may not be habitable. In that event, you will need to find another place to stay. This can be a hotel, and if the loss of use will be extended, then another more permanent place to stay. You can get this coverage as part of condo insurance.
Contact Keslar Insurance Agency in Newmarket, NH for your condo insurance needs.