David B. Rubin

Condo Insurance

Condo insurance for your condominium or co-op provides coverage for household contents and personal belongings if they are stolen or lost in a fire. Furniture, clothing, electronics and collectibles add up to a large loss when you have to replace them all at once.

Other common losses condo and co-op insurance polices cover include valuable items stolen from out of the home, sewer and water leaks, mold and fungus, and even identity theft.  (Note that jewelry, collectibles, artwork, and other valuables that are not separately scheduled may be subject to lower policy limits, and coverage may be limited as well).

Condominium and co-op owners are also covered for damage to improvements made to the unit for which the association’s policy does not provide coverage, such as carpeting or custom floors, granite surfaces, and other upgrades. Condominium and co-op owners will also receive money for assessments arising from repair or replacement costs that exceed the association’s insurance limits. This can be used to pay for your share of property damage or injury awards for which your association’s policy does not provide enough coverage.

Co-op Insurance

Co-op insurance provides coverage for household contents and personal belongings if they are stolen or lost in a fire. Furniture, clothing, electronics and collectibles add up to a large loss when you have to replace them all at once.

Other common losses co-op insurance polices cover include valuable items lost or stolen out of the home, sewer and water backup, mold and fungus, and even identity theft.  Co-op insurance also provides liability insurance, should you ever need to defend yourself in a lawsuit.

Co-op owners are also covered for damage to improvements made to the unit for which the association’s policy does not provide coverage, such as carpeting or custom floors, granite surfaces, and other upgrades.  Co-op owners will also receive money for assessments arising from repair or replacement costs that exceed the board’s insurance limits . This can be used to pay for your share of property damage or injury awards for which your board’s policy does not provide enough coverage.

Renter’s Insurance

For renters,  having renters insurance protection for yourself and your possessions is important.  Renter’s insurance protects you in situations that everyone can face: fire, theft, water damage and other unforeseen circumstances.

Renters insurance typically provides home insurance coverage for:

• Personal property (furniture, electronics, computer equipment, clothing, etc.)
• Personal liability if someone is hurt, whether in your home or away from it
• Damage to your apartment or home caused by a covered loss
• Smoke damage
• Theft
• Collapse of the building due to weather
• Water leakage or overflow
• Freezing of plumbing, air conditioning and more
• Identity theft

Renters insurance provides coverage for your own items, and it provides coverage for other people’s injuries or damages in situations for which you’re liable, as well.

Jewelry Insurance and other Valuable Items

Consider jewelry insurance or collectibles insurance because you probably have more valuable items than you realize. And your homeowners policy may not cover their full value. Your peace of mind is worth it.

Consider Valuable Items Coverage for:

• Jewelry and engagement rings
• Silverware, china, and crystal
• Antiques
• Fine Art
• Stamp and coin collections
• Bicycles
• Trophies
• Sound equipment
• Sports equipment (archery, camping, fishing, skiing)
• Cameras
• Computers
• Musical instruments
• Golf Equipment
• Furs
• Guns
• Pedigreed dogs
• Garden tractors
• Collections

Protect your valuables with valuable items coverage like pet insurance or jewelry insurance for peace of mind.

For more information on the best homeowners insurance for your needs, give Brewster Hill Insurance Brokerage a call.