Customized Condo Insurance to Protect Your Assets
Condominium insurance offers more than protection for your home. It’s an investment in your happiness and future, providing coverage1 for fire, theft and other covered losses. Give your condo (and its contents) the protection it needs to provide you with peace of mind in the event of the unexpected.
1Coverage(s) may be subject to certain restrictions and limitations and may not be available in all states. Ask your local independent agent for more information.
Low Rates and Great Discounts
Mercury Insurance offers some of the lowest rates around. Maximize your savings and get a lower condo insurance premium with some of our most popular discounts.2 Talk to your Mercury agent to learn more about these and other discounts:
- Multi-Policy (Auto + Condo)
- Gated Community
- Smoke Alarm
- Security Monitoring
- Selecting a higher deductible
- Homeowner association discount
- Loss free discount
- New home discount
2Discounts and coverages may vary by state.
Frequently Asked Questions
What does my condo association master policy cover?
The master policy usually begins with your unit’s inside bare walls and covers everything working out, including the walls, what’s inside the walls, the property roof, elevator and lobby. You’re normally responsible for everything inside of your condo, including interior structures and fixtures, such as your bathroom, kitchen, lighting and floors.
Some condo associations have all-in master policies that cover the outside of your building and the structural fixtures inside it. Let a Mercury agent review your condo association master policy today to be sure!
Does condo insurance cover earthquake and flood damage?
Condo insurance policies don’t normally cover earthquake or flood damage, so you must purchase earthquake and flood insurance separately. These coverages are extremely important. Carefully consider purchasing these additional policies, especially if you live in an area where flooding or earthquakes are common, as they cover the cost of repairing the interior of your condo and replacing your personal belongings.
Does condo insurance cover home businesses?
Condo insurance is not intended to cover home businesses. Your policy does contain a limited amount of protection for property used primarily for business purposes; however, to help protect your business, speak to your Mercury agent about adding a business insurance policy.