Condo insurance is generally provided by two sources – the condo unit owner (you) and the condominium association. Confusing, right?
We’ve taken on the task of knowing insurance inside and out, so we can break it down for you, in simple terms. Then you know what your remaining risks are and can decide how to handle them.
You can choose from two coverage levels for your possessions and any improvements you make that you’re required to insure:
Basic coverage is for specific risks listed in your policy for things like:
Premier coverage is our best coverage.1 In addition to what the basic policy includes, you’ll also have protection for accidents like:
You can also choose from the following claim settlement types for your personal property:
Actual cash value covers your belongings at the cost to repair or replace the damaged property, minus depreciation.
Replacement cost covers the cost to repair or replace your belongings. So if you have a 10-year-old refrigerator you need to replace because of a covered loss, we’ll pay you for a comparable model today, minus your deductible.
Liability coverage is automatically included with your condo insurance and helps protect you if someone is injured on your property, you're responsible for damages to someone else's property, or you're sued for those injuries or damages and have legal defense costs.
Medical payments coverage can provide coverage for others’ medical costs if they’re injured on your property. You can choose up to $25,000 in coverage.
You may need special coverage that our base policy doesn’t have. We offer extra choices at an added cost to customize your condo insurance coverage.
Some of your belongings are only insured up to specific limits. Some examples:
If you have high value items you have questions about, talk to your representative about insuring them separately. It’s usually very affordable, and you’ll have peace of mind knowing you’re protected.
The following risks aren’t included with the base condo insurance policy coverage, but you can buy extra coverage for:
Condo insurance doesn’t cover flood damage, and flood insurance is generally only available through the National Flood Insurance Program. We can help get you covered through the federal program if your condo qualifies.3
Save money with our multi-policy discount when you purchase condo insurance plus one or more of our qualifying policies, products or accounts. The more policies you have, the more you can save!
(Availability and amount of discount vary by state.)
Start online, find a local rep, or call us at 866-268-6879 and we'll help you find condo insurance that works for you.
COUNTRY Financial® is the marketing name for the COUNTRY Financial family of affiliated companies (collectively, COUNTRY), which include COUNTRY Life Insurance Company®, COUNTRY Mutual Insurance Company®, and their respective subsidiaries, located in Bloomington, Illinois.
Alabama residents: Review the Alabama Bill of Rights for additional information.
Condo insurance policies issued by COUNTRY Mutual Insurance Company® and COUNTRY Casualty Insurance Company®, Bloomington, IL.
1 Not available in all states.
2 Loss assessments are included in the base policy in some states.
3Flood insurance policies are offered through CC Services, Inc., from various third-party carriers not affiliated with COUNTRY Financial®, in accordance with the National Flood Insurance Program. The issuing carrier is responsible for all claims determination as well as claims paying ability. For more information about CC Services, Inc., read the License and Name Information in our full Terms & Conditions.