A Condominium or Co-Op unit owner policy will provide you with both Property and Liability insurance coverage within a single policy. Some of the property coverages available within this policy are Personal Property, Additions & Alterations / Improvements & Betterments and Loss of Use/Additional Living Expense. Your personal property can be covered on either a named peril basis or open peril basis. Additions & Alterations / Improvements & Betterments coverage provides protection for the alterations, appliances, fixtures and improvements which are your responsibility as defined within the by-laws provided by your Co-Op Board or Condominimum Association. It is extremely important that your personal property and additions & alterations are covered for their full replacement values. This policy typically excludes Flood and Earthquake. Both are available to be purchased either separately or through an addition to your policy. Liability Coverage provides protection for bodily injury and property damage to third parties resulting from the named insured's negligence. Many insurance carriers will provide this coverage on a worldwide basis.
Our Personal Lines Department is available to assist you with all of your personal insurance needs. In addition to a Condominium or Co-Op unit owner policy, we can also assist you with coverage for a vacation home, motorcycle, ATV, snowmobile, watercraft or recreational vehicle.
If you are interested in obtaining a premium quotation, please complete the application or call us at (212) 490-8511 for more information.
Condo or Co-Op Unit Owners Application