Condo Insurance in Texas

Texas weather can be unpredictable, from hurricanes and flooding along the Gulf Coast to hailstorms and tornadoes farther north. A Mercury condo policy is built to handle these challenges and may include:

• Building property coverage: Protects your condo’s interior (e.g., walls, floors, fixtures, and upgrades) from covered perils like fire or wind damage.
• Personal property: Covers your belongings, such as furniture, electronics, and clothing, against theft, fire, or other covered losses.
• Liability protection: Helps pay for legal and medical expenses if someone is injured in your home or you cause damage to someone else’s property.
• Additional living expenses: Covers temporary housing, meals, and related costs if your condo becomes unlivable due to a covered loss.

Standard condo insurance doesn’t cover floods. If you live near the coast or a floodplain, talk to your Mercury agent about adding separate flood coverage for complete protection.

Optional Condo Coverages

Standard policies don’t cover every risk, especially in a state as weather-diverse as Texas. Mercury lets you customize your coverage to fit your lifestyle and location with these options:

• Loss assessment: Pays your share of HOA assessments when repairs to shared property exceed the master policy’s limits.
• Medical payments to others: Covers minor medical expenses for guests injured in your condo, regardless of fault.
• Workers’ compensation coverage: Helps cover medical costs if a household employee, like a nanny or housekeeper, is injured while working in your home.
• Condos rented to others: Adds liability and personal property coverage if you rent out your unit, whether long-term or short-term.