Condo associations straddle the line between landlords and homeowners’ associations. They’re responsible for maintaining the grounds and shared spaces while granting owners freedom over the interior of their condos. However, with this balance comes some confusion over the responsibility of each party when it comes to liability risks and damages. To determine what you’re responsible for, you must first determine what your condo’s master insurance policy covers. [Read more…]
What Does My Condo’s Master Insurance Policy Cover?
November 6, 2020 by TJ Woods Insurance
5 Things You Should Consider Before Buying a Condo
April 26, 2014 by TJ Woods Insurance
If you are thinking about buying a home, you have a few options. You can buy an apartment, a house, or a condominium. Condos are perfect for city residents, singles, couples, and seniors, although there are plenty of condo communities that are family friendly as well. Buying a condo is typically much more relevant for a smaller budget. Whether you are thinking about buying a condo until it is suitable for you to buy a single-family home, or if you are thinking about staying long-term, there are a few things that you should first consider. [Read more…]
Filed Under: Learning Library Tagged With: buying a condo, condo, condo insurance
Benefits of Buying Condo Insurance
June 29, 2012 by TJ Woods Insurance
Purchasing a condo is a gratifying experience. While you are basking in the glory of your new home, it’s important to not miss a key step purchasing condo insurance. [Read more…]
Filed Under: Learning Library Tagged With: Association Dues, condo, condo insurance, condominium, damage, Insurance Coverage, policy, theft, Worcester
