Does Condo Insurance Cover Theft?

Whether your condo in Pomona, CA is on the first floor or the top of a skyscraper, it’s always going to be at risk for theft. Criminals are always looking for the edge when it comes to how they pull off their crimes, and condos can give them a perfect cover. There’s so much happening that it can be easy for them to disguise what they’re doing as something far more legitimate. If you’re concerned about condo insurance, it’s time to find out more from THINK Insurance & Financial Services. We’ll tell you whether it┬ácovers theft or not, and how you can protect yourself from thieves of all kinds.

The Long Answer

This may seem like it should have a fast answer, but unfortunately, it’s more complicated than that. The answer is that it depends on whether or not you purchase a policy that will cover personal property. You may only purchase coverage for the actual physical structure. So if your windows are knocked out by a nasty storm, you don’t have to pay to get them replaced. But if the window glass damages your favorite figurine, then you’re on your own to replace that figurine unless you have additional coverage.

Additional Considerations

Condo owners are generally bound by some type of association’s rules, and it’s up to the group to decide exactly what an owner should have to cover their home. So you may be have been under obligation to get some type of personal property consideration on your policy. In addition, condo insurance can even extend to personal property in your car, so if there’s a theft from your car, you’re covered too.

If you live in Pomona, CA and have more questions about condo insurance and theft, call THINK Insurance & Financial Services for a quote!