Homeowners Insurance for Your Fabulous New Condo or Co-op

You’ve locked down the sweet new digs—now it’s time to insure them! We all know that condo associations, co-op boards, and mortgage lenders have their best interest in mind—so expect that each will require proof of insurance before approving the purchase.You’ve locked down the sweet new digs—now it’s time to insure them! We all know that condo associations, co-op boards, and mortgage lenders have their best interest in mind—so expect that each will require proof of insurance before approving the purchase.

Final Thoughts:

Insurance may seem complicated, but it protects you, your assets, and visitors. Plus, as long as your minimum insurance requirements are met, you can change your levels of coverage. So do keep an eye on your coverage and feel free to reassess as time goes on.