If you're not ready for a house, or just don't need all that room, purchasing a condo may be the best choice for you. Just as the price of a condo will vary between cities like Chicago, Plainfield, Springfield, and Champaign, so will the risk of stolen or damaged goods. Fear not, Mercury Insurance is here to help you protect your condo and make sure you're not overpaying to protect your investment.
Condo owners have different protection needs than homeowners and renters. Location is also a key factor when purchasing coverage; for example, a condo owner in Chicago is much less worried about a tornado than a condo owner further out in the suburbs. Condos located in the densely populated city, might be more susceptible to theft compared to one in a small town. Mercury Insurance understands these needs and is here to help. Mercury has local agents throughout Illinois to help customize a protection play that meets your specific needs.
According to the Illinois Law Enforcement Agency Uniform Crime Reports, there were over 300,000 property crimes reported in 2012, resulting in millions in stolen and damaged goods. At Mercury, we hope you never have to experience a burglary, but in the event you do, our claims team will be there to get you back on your feet in no time. With a wide range of coverage options, you can rest easy knowing that you're protected. Here are some of the coverage options available:
Keep discounts in mind when shopping for a condo because there are plenty of ways to save extra on insurance when you buy smart. Many Illinois condos come with added safety measures and structural advancements that can help protect you from accidents or theft. When you buy smart, Mercury wants to reward you with helpful discounts. Ask a local Mercury agent about these and other discounts when considering a condo in Illinois:
Illinois Department of Financial & Professional Regulation