Personal property covers just about all of your stuff if it’s damaged or stolen. This can include furniture, clothes, tools, bicycles, electronics, and more. Your belongings are even covered if they’re not stored in your home (sheds, garages, your car, etc.). You’re covered from fires, weather damage, power surges, theft/vandalism, water damage, and more.
Example: Someone breaks into your car and steals your phone, clothes, and tools. Your insurance will cover these, but there may be some limitations on expensive items.
Jewelry, art, memorabilia, computers, and other expensive items: Certain limits can apply to your more expensive items. But, you can easily get extra coverage for jewelry and other expensive items. When you get a condo insurance quote, we’ll guide you through adding the right coverages.
Your insurance company will not leave you homeless! If your condo is damaged, loss of use covers hotel, rent, and food expenses above what you’d typically pay for your regular living expense.
Example: There’s sever water damage in your condo, and you can’t stay in your home for two (2) weeks. Your temporary living expenses (eg. hotel) and meal expenses above what you usually spend will be covered.
If someone sues you or a family member you live with (for injuries or damage to their property), personal liability coverage applies. Liability will then cover your lawyer, court fees, and certain damages you have to pay, subject to your policy.
Example: A delivery person falls on your front steps and sues you for their medical bills, lost wages, and damaged merchandise. Or, your child spray paints your neighbor’s garage and they sue you. Personal liability covers all of those instances.
Medical payments coverage pays for medical bills if someone else is hurt at your condo or the property around it. If someone is injured in a common area, your association’s insurance should instead cover that.
Example: Your child’s friend breaks his leg at your condo, and their parents ask you to pay the medical bill. Your medical payments will then cover the costs.
Some condos have sump pumps in the basement or crawl space. Sump pumps pump water out from underneath and around the foundation. Sump pumps or plumbing/sewer systems can get backed up. If that happens, water can flood back into your condo, creating an expensive mess. Water back-up will then pay for damage to your belongings and water removal.
It’s best to check with your condo association to see if they cover this or not, as that can vary.
Example: The sump pump in your condo’s basement breaks down, and water floods your basement, damaging carpet, furniture, clothes, a TV, washer, dryer, etc. Water back-up then pays for the water removal and the damage to your belongings.
Personal injury coverage pays for legal fees and damages from:
Example: Your teenage child damages their teacher’s reputation by posting something online. So, the teacher decides to sue you. Personal injury can then cover a lawyer, your court fees, and any damages you need to pay, subject to your policy.
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IronPoint Insurance Services is an independent insurance agency licensed (#0G87821) with the California Department of Insurance. We are authorized agents for many A+ rated Arizona, California and Utah insurance companies. We provide consumers with online, phone, and in-person insurance services through our insurance company relationships. IronPoint Insurance Services, LLC offers multiple insurance quotes to provide consumers several options for their insurance products. We offer auto insurance through Mercury Insurance Group, Travelers Insurance Companies, The Hartford, MetLife Auto & Home, and Progressive Drive Insurance. We are authorized insurance agents for these companies and do not charge any fees for our services. If an IronPoint insurance agent trys to charge you broker or agency service fees for representing these companies, please contact us immediately.