Complete Coverage for Your Condominium Summer 2011 Issue

Contact your CIG Insurance Advisor for a cost-and-coverage review. Our team can help you customize your program and make sure you’re receiving the discounts you deserve.

Condominiums are a great homeowner option for many—no grass to cut and no snow to shovel. Owning a condo can take some work out of homeownership, but making sure you're properly insured can get tricky. Our unique blend of personal service and a broad range of products allow us to customize an insurance program to properly protect your condominium, personal property, and personal liability.

Our first challenge is to determine what part of your unit and building is your responsibility to insure. This task can take a bit of detective work. The association and state statutes give us most of the information we need to understand how much of the building you need to insure (boundaries of your unit), the common areas you may be jointly responsible for, and the deductible for the association's master policy.

Our insurance advisors can now customize your insurance program. We offer the following exceptional coverage and benefits that are only available from CIG:

  • $5,000 is automatically included for your unit ($1,000 in Nevada), including floors, walls, cabinets or other fixtures that are defined as part of the building. You can choose higher limits based on the Replacement Cost estimate for the condominium.
  • $25,000 for your personal property, including furniture, clothing, jewelry, or other personal items. Higher limits are available to meet your needs.
  • $1,000 Loss Assessment coverage. Higher limits are available with $1,000 automatically available to cover the master policy deductible.
  • Expanded coverage under CIG's proprietary Extension of Coverage endorsement, including $10,000 for theft of jewelry or furs, $1,000 for money or coins, $500 for refrigerated products, Personal Injury Protection, and more.
  • Cost-saving policy deductible options up to $25,000.
  • Optional protection for valuable sports and home equipment (optional deductible applies).
  • Optional protection to insure jewelry, fine art, hearing aids, or other valuable personal property with no deductible.
  • Personal Liability protection up to $1,000,000.

Contact your CIG Insurance Advisor for a cost-and-coverage review. Our team can help you customize your program and make sure you're receiving the discounts you deserve.

All coverage descriptions are for illustrative purposes. Your policy will define actual coverage, terms, conditions and exclusions.