Condo Insurance

Condo insurance is required to insure your personal property and any parts of your unit that aren’t covered by your condo association’s insurance policy. Your association could have one of three policies: a policy that insures only the primary building and common areas; a policy that insures your building and any items in your unit other than personal property; a policy that insures the building, your unit, and any fixtures or improvements you make to your unit.

Get the right condo insurance policy, and you’ll have peace of mind knowing that you’ll be protected if a loss occurs.

Condo insurance made simple
What coverages are available?

Condo Insurance Covers:

Examples not limited to:

• Fire or Lightning
• Windstorm or Hail
• Freezing of plumbing system
• Theft

Condo Insurance Doesn’t Cover:

• Bodily injury or property damage that is expected or intended by the insured
• Business pursuits
• Professional services provided or not provided
• Ownership, operation, use, or maintenance of aircraft, motor vehicles, and certain watercraft

Condo insurance - what's not covered?
Condo insurance liability limits

State Farm offers a number of coverage options so that you can get condo insurance that fits your needs.

What coverages are available?

Computers, electronics, jewelry, clothes, furniture. Maybe something particularly valuable like an engagement ring, art collection or musical instrument. Add up the value of all your property, and you’re probably looking at thousands of dollars. Could you afford to replace it all if it were stolen or damaged in a fire? A State Farm Condo Unitowners Insurance Policy covers your property at home or on the go.

Estimate the value of your personal property. Once you’ve figured out what your property is worth, you’ll know how much condo insurance coverage you need.

Home inventory
Sample condo personal property appraisal

Replacement cost for personal property is one of the most important aspects of condo insurance. We provide two coverage options. Limited Replacement Cost Loss Settlement pays for the cost of your damaged property up to the limits of liability. A Depreciated Loss Settlement pays the cost to repair or replace damage property minus the depreciation at the time of a loss.

Be sure to choose the option that best fits your needs.

Condo insurance liability limits

State Farm can help you save on condo insurance with discounts for:

• A claim-free history
• Purchasing multiple State Farm products
• Home security devices