Habitational
Coverage for owners of condos, apartment buildings, and other multi-unit dwellings. Habitational insurance has a number of unique characteristics that buyers, brokers and agents must understand to address all of the risks inherent to the specific coverage needs required.
Individual condominium unit owners typically only have ownership of the space within their units. The common areas and other parts of the building are collectively owned by a condo owners association within which each unit owner has an interest. This separation of ownership interests creates a need for the association to maintain property and liability insurance in addition to each unit owner’s individual insurance policy.
Contact a Daniel and Henry representative to review your current program and your property values.