Housing is very expensive in California. It is often easier to break into the housing market with a condo. This makes condos a popular housing choice in Pleasanton as well as everywhere else. At Miao Insurance Services in Pleasanton, CA, we are independent agents, which means we can provide more choices when it comes to carriers. Since we are locally owned and operated, we understand the local market and what condo insurance is required. <\/p>\n
When it comes to condo insurance, you are not mandated by the state to carry this coverage. However, that doesn’t mean you don’t have to have it. Your lender, if you have a mortgage, and your HOA may require that you have condo insurance. Given the fact that you share walls with neighbors, it is not surprising that the HOA would want to make sure that your home is protected. <\/p>\n
With a condo, the Association has insurance to cover the exterior of the condos and the shared areas. This can include the parking lot, hallways, elevators, and pool area. They carry the liability as well as property insurance. Not all condo insurance is the same, since it depends on the master policy and how far it goes into the individual units. <\/p>\n
Read your master policy coverage and make sure your insurance agent is also aware of the policy to make sure that you get the right coverage. Much like home insurance, condo insurance usually has four parts; property, content, liability, and loss of us. All of them need to be considered to make sure you have adequate coverage. <\/p>\n
In particular, make sure you have loss of use coverage to provide for you in the event that your unit becomes uninhabitable. You will need a place to stay and having insurance means you won’t have to pay for it. <\/p>\n
Contact Miao Insurance Services in Pleasanton, CA for condo insurance. <\/p>\n","protected":false},"excerpt":{"rendered":"
Housing is very expensive in California. It is often easier to break into the housing market with a condo. This makes condos a popular housing choice in Pleasanton as well as everywhere else. At Miao Insurance Services in Pleasanton, CA, we are independent agents, which means we can provide more choices when it comes to carriers. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[14,13],"class_list":["post-40","post","type-post","status-publish","format-standard","hentry","category-condo-insurance","tag-miao-insurance-services","tag-pleasanton-ca"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t