How Condo Insurance Works

Condos are a great way to own your own home. They require their own type of insurance that takes into account their unique parameters. When you own a condo, be sure to get condo insurance to protect yourself financially. If you need condo coverage, give us a call today at Affordable Insurance Inc in Mountain Home, AR.

Protection for Your Condo

For condo owners, the condo often represents their largest investment, and this should be protected. If an incident happens to your condo and causes it damage, your condo policy can pay for the repairs so that it’s back to normal condition soon. There are many types of incidents, such as certain disasters, that can cause major damage to your home. When damage happens from a covered incident, you are financially protected with condo insurance. 

Coverage for Your Belongings

Condo insurance also includes protection for your belongings that are in the condo. If a damaging incident happens that is covered by your policy, your condo insurance will pay for the items that were damaged or destroyed. These items can be expensive to replace, and it’s important to have this coverage just in case. 

Liability Protection

As the owner, you are likely to be liable for any accidents that happen to someone who is inside your home. This is a risk that condo owners can mitigate by having condo insurance. It includes coverage for bodily injury liability in case of an injury to a third party. This pays for the resulting medical bills as well as other costs such as lost wages. You need this coverage to prevent your own economic emergency from high medical bills. 

Condo Insurance Protection

When you own a condo and you don’t have the proper insurance policy for it, give us a call at Affordable Insurance Inc in Mountain Home, AR.

Notice to our customers

Notice from Affordable Insurance We are here to help you. We are open currently to service your insurance needs. Due to health directive our operations have been changed temporarily during this time. To protect the health and safety of our employees and community, our lobbies will not be accessible effective 3-20-20 until further notice due to the COVID-19 Pandemic. We encourage you to call us for service 870-425-6079. At our Mountain Home and Flippin location you can drive up to the parking lot, call 870-425-6079 and someone will service you. At this time, we can assist your needs and come out to your vehicle if necessary. If you need to drop off payments, call 870-425-6079 and speak to a representative for instruction.  A drop box will be provided at the Mountain Home and Flippin location. You must call 870-425-6079 at the time you are dropping off the payment. A staff member will pick it up immediately once dropped off. You can also make a payment using our website At the Harrison location use the drive through service. Following recommendation from the CDC on social distancing and limiting public gathering, we feel this is the best course of action for the well being of our customers and staff. If you have questions or need assistance, please feel free to call us at 870-425-6079 and one of our team members will be happy to assist you. You may also visit us online We appreciate your patience and understanding during this trying time for our nation and communities. We value you as our customer. We pray for health, peace and comfort to you and your families during this time.