Understanding Condo Insurance in Ohio
Owning a condo in Ohio comes with unique insurance needs. While your condo association provides coverage for the building and common areas, you require a separate condo insurance policy to protect your units and belongings. This guide delves into the essential aspects of condo insurance in Ohio, helping you make informed decisions. What Does Condo Insurance Cover? A comprehensive condo insurance policy typically includes three main types of coverage: Dwelling Coverage: This protects your unit's interior structure and fixtures, typically from the studs inward. Coverage varies depending on your policy, ranging from "bare walls" (covering only built-ins) to "all-in" (covering everything). Personal Property Coverage: This safeguards your furniture, appliances, electronics, and other belongings against various perils like fire, theft, and water damage. Liability Coverage: This protects you financially if someone gets injured in your unit or your actions da...