Condominium Insurance in Delray Beach, FL & Port St. Lucie, FL
Living in a Florida condo combines freedom of ownership with the convenience of community living. At Palm Tree Insurance Agency, we understand that condo owners need coverage that provides financial protection for risks not covered by the association’s master policy.
What Is Condo Insurance? 
Unlike homeowners insurance, which is designed to help cover an entire house, condo coverage focuses on your unit’s interior and personal belongings. Condo insurance may cover the following:
- Property damage to the unit’s interior, including countertops, flooring, walls and countertops
- Medical bills and legal expenses if someone is hurt while visiting your condo
- Damage to your belongings, such as appliances, clothing, furniture and electronics
- Additional living expenses if you must relocate due to a covered incident
Condo insurance typically doesn’t cover damage due to flooding. Your agent can help determine whether flood insurance may be appropriate for your situation.
How Much Does Condo Insurance Cost?
Your unit’s location and size play significant roles in determining rates. Your choice of coverage limits, deductible amount and any additional endorsements will also impact your costs.
The age and condition of your building may influence rates, as newer buildings may qualify for better premiums. Security features and safety systems in your unit or building could help reduce costs. Additionally, many insurers offer discounts for bundling policies or maintaining continuous coverage.
Start Your Coverage Today
Contact Palm Tree Insurance Agency for condo coverage that fits your needs. Our teams in Delray Beach, FL & Port St. Lucie, FL understand Florida condo requirements and can help you find the right balance of coverage and cost.