When you buy a condo, you automatically sign the condo association’s master policy that is responsible for all common areas, as well as the outside of the building. However, the inside of your condo is your responsibility, and you’ll need to shop around and compare home insurance to find the policy that is right for you.
Before you request any homeowners quotes, make sure you’re clear on what’s covered in the condo association’s master policy, so don’t pay for the same things on two different policies. You can compare home insurance by requesting free quotes from insurance comparison companies, like AgentInsure, one of the nation’s leaders in this market.
Because you can request free quotes online, you have all the time in the world to fill out your information and review it before sending in your request. Once you receive the quotes, you can compare home insurance quotes at your leisure. Rates can vary significantly, but it’s important to carefully compare home insurance quotes and choose one that best reflects your needs—not simply the lowest premium. If you opt for a low premium when you compare home insurance, remember that your deductible will also be higher, and you will have to come up with that cash in the event of a claim.
Once you’ve chosen a policy, remember to periodically compare home insurance quotes to see if there’s a better deal out there.