The Difference Between Scheduled and Unscheduled Personal Property

A living room with a couch, lamp, and many other furnishing which could be considered scheduled or unscheduled personal property.When homeowners insurance comes to mind, people usually think about the coverage it offers for the house itself, such as the roof, walls, and foundation. However, your personal property is also a big part of your policy. Protecting our valuables and belongings is essential, and while your policy has you covered, the coverage isn’t uniform. There are coverage limits that are based on the specific type of property. This is where the difference between scheduled and unscheduled personal property comes into play. Let’s take a look at why these designations are significant. [Read more…]

What Does My Condo’s Master Insurance Policy Cover?

Upward angled shot of a condo building during sunset.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…]

5 Things You Should Consider Before Buying a Condo

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…]

Benefits of Buying Condo 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…]