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Renee Oliver Insurance Agency, Inc.

13975 Connecticut Avenue, Suite 312
Silver Spring, MD 20906

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What New Condo Owners Need to Know about Insurance

Renee Oliver Insurance Agency Inc. is the team to call for all of your insurance needs in the Silver Spring, MD area. We’re proud to serve our community and are here to answer any questions that you might have about condo insurance. Give us a call today to schedule your appointment. 

Understanding Condo Insurance

The most important thing to understand about condo insurance is that a policy is required for each privately owned unit. There’s no protection for unit owners from the Condominium Association’s policy. If you’re purchasing your condo with a mortgage, your lender will likely have some required coverage level standards in place. If this is the case, you’ll want to make sure that their minimum requirements are adequate for your needs. You might feel more comfortable with additional protection.

Your insurance will protect you from damages and repairs caused by a covered event. Your local agent can review your needs with you to help you make an informed decision when choosing your policy. With all of the options available, it’s easy to feel overwhelmed. As long as you have coverage that’s suitable for your needs, you’ll have the peace of mind that comes with knowing your new condo is protected. There’s no benefit to going without condo insurance, so now’s an ideal time to find out more and select a policy and coverage level that’s right for you. Review the bylaws for your condo building before selecting your condo insurance policy.

Give us a call or stop by today!

If you’re planning to buy a condo in the Silver Spring, MD area, you can count on Renee Oliver Insurance Agency Inc. We’re here to help in any way and look forward to working with you. Give us a call today!