Condominium Insurance is a policy designed to protect your individual unit and personal belongings within a condominium. While the condominium association’s master policy typically covers the building’s exterior and common areas, it does not cover interior damage, theft, or personal liability inside your unit. This insurance provides coverage for incidents such as burglary, smoke damage, and liability claims, helping you safeguard your home and assets. Since coverage specifics vary by association bylaws, it’s important to understand your responsibilities and consider additional protections like loss assessment or flood insurance. Liability coverage is also included to protect you from claims if someone is injured in your condo. Murphy Insurance professionals can help tailor the policy to fit your unique needs and maximize available discounts.
Murphy Insurance Agency has created a new Condominium Owner’s Manual designed to help you prevent costly home repairs and avoid common insurance claims. Backed by decades of real-world experience, this practical guide provides seasonal tips, safety advice, and a comprehensive maintenance checklist to protect your home—and your wallet—all year round. Download your copy today!
If you own a condo in Acton, MA, don’t assume the condo association’s master policy fully protects you. That policy typically covers the building’s exterior and shared spaces, but not the inside of your unit. Without your own Condominium Insurance, you could be on the hook for costly repairs to your walls, floors, or fixtures and replace personal belongings damaged by fire, water, or theft. It’s essential protection that helps ensure you’re not left paying out of pocket when the unexpected happens.